Common use of Submission of Orders Clause in Contracts

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint Capital, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering (and/or in any Follow-On Offering) will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (and, in the “Subscription Agreement”event of a Follow-On Offering, the applicable Follow-On Prospectus) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus (or, in the event of a Follow-On Offering, such amount per Share as set forth in the applicable Follow-On Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in any Follow-On Prospectus). Minimum subsequent purchases of Offered Shares shall be $500 per transactiontransaction (except as otherwise indicated in any Follow-On Prospectus). Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.” or a reasonable contractor or abbreviation thereof. Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint Capital, Inc.”” The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Shares subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as the case may be, for the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than the end of the next business day following receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering (and/or in any Follow-On Offering) will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (and, in the “Subscription Agreement”event of a Follow-On Offering, the applicable Follow-On Prospectus) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share subscribed for, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus (or, in the event of a Follow-On Offering, such amount per Share as set forth in the applicable Follow-On Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 2,000 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in any Follow-On Prospectus). Minimum subsequent purchases of Offered Shares shall be $500 per transactiontransaction (except as otherwise indicated in any Follow-On Prospectus). Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.Sierra Income Corporation” or a reasonable contractor or abbreviation thereof. Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent Sierra Income Corporation” The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for NexPoint CapitalShares subscribed for payable directly to the Dealer, Inc.”in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as the case may be, for the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than the end of the second business day following receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the initial amount of $10.00 per Class A Share, $9.68 per Class T Share, $9.39 per Class D Share and $9.20 per Class I Share until the Fund has achieved the Minimum Offering Requirement, and thereafter at a public offering price equal to the Fund’s NAV plus the applicable selling commissions and/or Dealer Manager Fees, or such other per share purchase price as the Fund’s Board of the Offered Shares, Directors may establish from time to time (subject to any discounted purchase price per Share that may apply available discounts based upon the available discounts volume of shares purchased and for certain categories of purchasers, as specified in the Prospectus). In no event shall the aggregate selling commissions, Dealer Manager Fees and Distribution Fees exceed 8.0% of the gross offering proceeds received in the Offering. There shall be a minimum initial purchase by any one purchaser of $2,500 4,000 in Class A Shares, Class T Shares and Class D Shares and a $10,000 minimum initial purchase by any one purchaser of Offered Class I Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company Fund to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company Fund has satisfied received and accepted subscriptions for at least $3,000,000 in Offered Shares (the “Minimum Offering Requirement”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state)Account, those persons purchasers who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.Steadfast Alcentra Global Credit Fund.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint Capital, Inc.Steadfast Alcentra Global Credit Fund.”

Submission of Orders. Dealer hereby agrees to solicit, as an independent contractor and not as the agent of the Dealer Manager or of the Company (a) Each person desiring or their affiliates), persons acceptable to the Company to purchase Offered the Shares in pursuant to the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (and in accordance with the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument terms of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase Dealer hereby agrees to diligently make inquiries as required by any one purchaser of $2,500 of Offered Shares (except this Agreement, as otherwise indicated set forth in the Prospectus, or and as required by all applicable laws of all prospective investors in any letter or memorandum from order to ascertain whether a purchase of the Company to the Dealer Manager)Shares is suitable for each such investor. Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those Those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A."Trust Company of America, as escrow agent for NexPoint Capital, Inc.” NNN H/O REIT" unless and until the Minimum Offering is obtained. Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint Capital"NNN Healthcare/Office REIT, Inc.”" Any Dealer receiving a check prior to the time that the Minimum Offering is obtained that does not conform to the foregoing instructions shall return such check directly to such subscriber not later than the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. Dealer hereby agrees to solicit, as an independent contractor and not as the agent of the Dealer Manager or of the Company (a) Each person desiring or their affiliates), persons acceptable to the Company to purchase Offered the Shares in pursuant to the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (and in accordance with the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument terms of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase Dealer hereby agrees to diligently make inquiries as required by any one purchaser of $2,500 of Offered Shares (except this Agreement, as otherwise indicated set forth in the Prospectus, or and as required by all applicable laws of all prospective investors in any letter or memorandum from order to ascertain whether a purchase of the Company to the Dealer Manager)Shares is suitable for each such investor. Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those Those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalXxxxxx Validus Mission Critical REIT II, Inc.” Thereafteror a reasonable contractor or abbreviation thereof, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable including, but not limited to “UMB UMB, Bank, N.A., as agent for NexPoint Capitalf/b/o CVREIT II”, or after the Company reaches its minimum offering, to “Xxxxxx Validus Mission Critical REIT II, Inc.” or “CVREIT II.” Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit as set forth below. The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer”, to instruct its customers to make its checks for Shares subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as the case may be, for the aggregate amount of the subscription proceeds. Transmittal of received investor funds will be made in accordance with the following procedures:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the initial amount of $15.00 per share, or such other per share purchase price as the Company’s Board of the Offered Shares, Directors may establish from time to time (subject to any discounted purchase price per Share that may apply available discounts based upon the available discounts volume of shares purchased and for certain categories of purchasers, as specified in the Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered 5,000 in Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 100 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons purchasers who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A.Financial Corporation, as escrow agent for NexPoint CapitalSteadfast Apartment REIT, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalSteadfast Apartment REIT, Inc.”

Submission of Orders. (a) 14.1 Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) Investor Application and to deliver to the Participating Broker-Dealer Manager or Participating DealerDealer Manager, as the case may be (the “Processing Broker-Dealer”), such completed Subscription AgreementInvestor Application, together with a check, draft, wire or money order (hereinafter referred to as an a “instrument of paymentSubscription Payment”) for the purchase price of the Offered Shares, subject except for Offered Shares purchased through the networking system of the National Securities Clearing Corporation (“NSCC”), to the extent applicable. To the extent applicable, Offered Shares purchased through the networking system of NSCC will be governed by applicable NSCC rules and procedures, and any discounted purchase price per Share agreement or other arrangement between the Fund, Dealer Manager and Participating Broker-Dealer relating to networking. The Dealer Manager shall ensure that may apply based upon any Participating Broker-Dealer shall only offer to sell and accept Investor Applications and Subscription Payments for Offered Shares in accordance with the available discounts specified offering terms and conditions as set forth in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company Fund to the Dealer Manager). Minimum subsequent Additional purchases of Offered Shares shall be in increments of $500 per transaction, except for purchases made pursuant to the DRIP, as described in the Prospectus. Until such time as the Company has satisfied the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released (or such greater Any minimum purchase amount as may be applicable waived in respect the sole discretion of any greater escrow in respect of subscribers from any state), those persons the Fund. Persons who purchase Offered Shares shall make their Subscription Payments payable to “Oxford Park Income Fund, Inc.” The Fund will be instructed sell the Offered Shares on a continuous basis at prices and in accordance with the offering terms and conditions set forth in and subject to any adjustment described or otherwise provided in the Prospectus. Each person desiring to purchase Offered Shares in the Offering must submit subscriptions for a certain dollar amount, rather than a number of Offered Shares and, as a result, may receive fractional Offered Shares. The Processing Broker-Dealer receiving an Investor Application and Subscription Payment not conforming to the foregoing instructions, or for a sale of Offered Shares not meeting the offering terms and conditions set forth in the Prospectus, shall return such Investor Application and Subscription Payment directly to such subscriber not later than the end of the second business day following receipt by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed of such materials. Investor Applications and Subscription Payments received by the Processing Broker-Dealer which conform to make their checks payable the foregoing instructions shall be transmitted for deposit pursuant to “UMB Bank, N.A., as agent for NexPoint Capital, Inc.”one of the methods described in this Section 14. Transmittal of received investor funds will be made in accordance with the following procedures.

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the initial amount of $25.00 per Class A Share, $22.50 per Class R Share and $23.81 per Class T Share, or such other per share purchase price as the Company’s Board of the Offered Shares, Directors may establish from time to time (subject to any discounted purchase price per Share that may apply available discounts based upon the available discounts volume of shares purchased and for certain categories of purchasers, as specified in the Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered 5,000 in Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 100 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons purchasers who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalSteadfast Apartment REIT III, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalSteadfast Apartment REIT III, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the initial amount of $25.00 per Class A Share and $23.81 per Class T Share, or such other per share purchase price as the Company’s Board of the Offered Shares, Directors may establish from time to time (subject to any discounted purchase price per Share that may apply available discounts based upon the available discounts volume of shares purchased and for certain categories of purchasers, as specified in the Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered 5,000 in Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 100 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons purchasers who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalSteadfast Apartment REIT III, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalSteadfast Apartment REIT III, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares Units in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, check in U.S. dollars or by wire or money order transfer of immediately available funds (hereinafter referred to as an “instrument of payment”) for initially in the purchase price amount of the Offered Shares$10.00 per Class A Unit, subject to any $9.576 per Class C Unit and $9.186 per Class I Unit subscribed for, or such discounted purchase price per Share Unit that may apply based upon the available discounts specified in the Prospectus; provided that if the Company adjusts the price per Primary Unit and the price per DRIP Unit, as described in the initial paragraph of this Agreement, the purchase price of each class of Offered Units will be adjusted accordingly. There shall be a minimum initial purchase by any one purchaser of $2,500 2,000 of Offered Shares Units (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares Units shall be $500 per transaction, except for purchases made pursuant to the Company’s distribution reinvestment plan. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares Units will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalTriLinc Global Impact Fund, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint Capital, Inc.LLC”.

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix Appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered 250 Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least 200,000 Offered Shares and released the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released escrow (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent Escrow Agent for NexPoint CapitalXxxxx National REIT I, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalXxxxx National REIT I, Inc.”” The Processing Broker-Dealer receiving a Subscription Agreement and instrument of payment not conforming to the foregoing instructions shall return such Subscription Agreement and instrument of payment directly to such subscriber not later than the end of the second business day following receipt by the Processing Broker-Dealer of such materials. Subscription Agreements and instruments of payment received by the Processing Broker-Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the initial amount of $25.00 per share, or such other per share purchase price as the Company’s Board of the Offered Shares, Directors may establish from time to time (subject to any discounted purchase price per Share that may apply available discounts based upon the available discounts volume of shares purchased and for certain categories of purchasers, as specified in the Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered in Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons purchasers who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalMxxxx National REIT II, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalMxxxx National REIT II, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any discounted purchase price per Share that may apply discounts based upon the available discounts specified in the Prospectusvolume of shares purchased and for certain categories of purchasers as described above. There shall be a minimum initial purchase by any one purchaser of $2,500 4,000 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 100 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons purchasers who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Xxxxx Fargo Bank, N.A.National Association, as escrow agent for NexPoint CapitalNorthStar Real Estate Income Trust, Inc.” or “Xxxxx Fargo Bank, National Association, as agent for NSREIT.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalNorthStar Real Estate Income Trust, Inc.” or “NSREIT.”

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the amount of $10.00 per Share. The Company shall submit an electronic copy of each Subscription Agreement it receives to the Processing Broker-Dealer within twenty-four (24) hours of receipt thereof. Thereafter, Primary Shares will be offered and sold at a purchase price of the Offered Shares$10.00 per Share, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 2,500 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least 250,000 Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent Escrow Agent for NexPoint CapitalBluerock Enhanced Multifamily Trust, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalBluerock Enhanced Multifamily Trust, Inc.”” The Processing Broker-Dealer receiving a Subscription Agreement and instrument of payment not conforming to the foregoing instructions shall return such Subscription Agreement and instrument of payment directly to such subscriber not later than the end of the second business day following receipt by the Processing Broker-Dealer of such materials. Subscription Agreements and instruments of payment received by the Processing Broker-Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Offered Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalMultifamily Realty Trust, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalMultifamily Realty Trust, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 1,000 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 100 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Xxxxx Fargo Bank, N.A.NA, as escrow agent Escrow Agent for NexPoint CapitalTNP Strategic Retail Trust, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalTNP Strategic Retail Trust, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering (and/or in the Follow-On Offering) will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (and, in the “Subscription Agreement”event of the Follow-On Offering, the Follow-On Prospectus) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus (or, in the event of the Follow-On Offering, such amount per Share as set forth in the applicable Follow-On Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in the Follow-On Prospectus). Minimum subsequent purchases of Offered Shares shall be $500 per transactiontransaction (except as otherwise indicated in the Follow-On Prospectus). Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalMultifamily Realty Trust, Inc.” or a reasonable contraction or abbreviation thereof. Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalMultifamily Realty Trust, Inc.”” The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Shares subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as the case may be, for the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than the end of the next business day following receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix Appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Participating Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered 250 Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer ManagerCompany). Minimum subsequent purchases of Offered Shares shall be $500 per transaction500. Until such time as the Company has satisfied received and accepted subscriptions for at least 200,000 Offered Shares and released the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released escrow (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Participating Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent Escrow Agent for NexPoint CapitalXxxxx National REIT I, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Participating Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalXxxxx National REIT I, Inc.”. Any Subscription Agreement and instrument of payment not conforming to the foregoing instructions shall be returned to such subscriber not later than the end of the second business day following receipt by Participating Dealer of such materials. Subscription Agreements and instruments of payment received by Participating Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectusfor certain categories of purchasers as described above. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,500,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons purchasers who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalCM REIT, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalCM REIT, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering (and/or in any Follow-On Offering) will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (and, in the “Subscription Agreement”event of a Follow-On Offering, the applicable Follow-On Prospectus) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share subscribed for, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus (or, in the event of a Follow-On Offering, such amount per Share as set forth in the applicable Follow-On Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 2,000 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in any Follow-On Prospectus). Minimum subsequent purchases of Offered Shares shall be $500 per transactiontransaction (except as otherwise indicated in any Follow-On Prospectus). Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalX’Xxxxxxx Strategic Industrial REIT, Inc.” or a reasonable contractor or abbreviation thereof. Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB BankX’Xxxxxxx Strategic Industrial REIT, N.A.Inc.” The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Shares subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as agent the case may be, for NexPoint Capital, Inc.”the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than the end of the second business day following receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Shares Units in the Offering will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, check in U.S. dollars or by wire or money order transfer of immediately available funds (hereinafter referred to as an “instrument of payment”) initially in the amount of $10.00 per Class A Unit, $9.576 per Class C Unit and $9.186 per Class I Unit subscribed for in the purchase price of the Offered Sharesprimary Offering, subject to any or such discounted purchase price per Share Unit that may apply based upon the available discounts specified in the ProspectusProspectus or at any other price as may be set by the Company following a quarterly valuation of its assets. Each class of DRIP Units will be initially sold at $9.025 per unit until such time as the Company commences valuations of its assets at the end of the first full quarter following the satisfaction of the Minimum Offering and, thereafter, at the price equal to the most recent net asset value per unit of such class determined prior to the distribution date. There shall be a minimum initial purchase in the primary Offering by any one purchaser of $2,500 2,000 of Offered Shares Units (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in any Follow-On Prospectus). Minimum subsequent purchases of Offered Shares Units shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares Units will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalTriLinc Global Impact Fund, Inc.” LLC”. Thereafter, those persons who purchase Offered Shares Units will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB BankTriLinc Global Impact Fund, N.A.LLC”. The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Units subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as agent the case may be, for NexPoint Capital, Inc.”the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than ten business days of receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of $9.25 per Share until the Offered Company has sold $100,000,000 in Primary Shares, and $10.00 per Share thereafter, subject to any discounted purchase price per Share that may apply discounts based upon the available discounts specified in the Prospectusvolume of shares purchased and for certain categories of purchasers as described above. There shall be a minimum initial purchase by any one purchaser of $2,500 4,000 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 100 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those purchasers who purchase Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “ , as agent for NorthStar Real Estate Income Trust, Inc.” or “ , as agent for NSREIT.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalNorthStar Real Estate Income Trust, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to or “UMB Bank, N.A., as agent for NexPoint Capital, Inc.NSREIT.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the initial amount of $10.00 per Class A Share, $9.68 per Class T Share, $9.39 per Class D Share and $9.20 per Class I Share until the Fund has achieved the Minimum Offering Requirement, and thereafter at a public offering price equal to the Fund’s NAV plus the applicable selling commissions and/or Dealer Manager Fees, or such other per share purchase price as the Fund’s Board of the Offered Shares, Directors may establish from time to time (subject to any discounted purchase price per Share that may apply available discounts based upon the available discounts volume of shares purchased and for certain categories of purchasers, as specified in the Prospectus). In no event shall the aggregate selling commissions, Dealer Manager Fees and Distribution Fees exceed 8.0% of the gross offering proceeds received in the Offering. There shall be a minimum initial purchase by any one purchaser of $5,000 in Offered Shares; however, for qualified accounts the minimum initial purchase is $2,500 of in Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company Fund to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 100 per transaction. Until such time as the Company Fund has satisfied received and accepted the Minimum Offering Requirement and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state)Account, those persons purchasers who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.Steadfast Alcentra Global Credit Fund.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint Capital, Inc.Steadfast Alcentra Global Credit Fund.”

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 1,000 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 100 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB CommerceWest Bank, N.A.NA, as escrow agent Escrow Agent for NexPoint CapitalTNP Strategic Retail Trust, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalTNP Strategic Retail Trust, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering (and/or in any Follow-On Offering) will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (and, in the “Subscription Agreement”event of a Follow-On Offering, the applicable Follow-On Prospectus) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share subscribed for, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus (or, in the event of a Follow-On Offering, such amount per Share as set forth in the applicable Follow-On Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 2,000 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in any Follow-On Prospectus). Minimum subsequent purchases of Offered Shares shall be $500 per transactiontransaction (except as otherwise indicated in any Follow-On Prospectus). Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalX’Xxxxxxx Strategic Gateway REIT, Inc.” or “UMB Bank, N.A., E.A. for X’Xxxxxxx Strategic Gateway REIT, Inc.” or a reasonable contractor or abbreviation thereof. Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB BankX’Xxxxxxx Strategic Gateway REIT, N.A.Inc.” The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Shares subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as agent the case may be, for NexPoint Capital, Inc.”the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than the end of the second business day following receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectusfor certain categories of purchasers as described above. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,500,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons purchasers who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A.Bank of Nevada, as escrow agent for NexPoint CapitalCM REIT, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalCM REIT, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares Units in the Offering will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, check in U.S. dollars or by wire or money order transfer of immediately available funds (hereinafter referred to as an “instrument of payment”) initially in the amount of $10.00 per Class A Unit, $9.576 per Class C Unit and $9.186 per Class I Unit subscribed for in the purchase price of the Offered Sharesprimary Offering, subject to any or such discounted purchase price per Share Unit that may apply based upon the available discounts specified in the ProspectusProspectus or at any other price as may be set by the Company following a quarterly valuation of its assets. Each class of DRIP Units will be initially sold at $9.025 per unit until such time as the Company commences valuations of its assets during the first full quarter following the satisfaction of the Minimum Offering and, thereafter, at the price equal to the current offering price per Unit, less the sales fees associated with that class of units in the Company’s primary offering. There shall be a minimum initial purchase in the primary Offering by any one purchaser of $2,500 2,000 of Offered Shares Units (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in any Follow-On Prospectus). Minimum subsequent purchases of Offered Shares Units shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares Units will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalTriLinc Global Impact Fund, Inc.” LLC”. Thereafter, those persons who purchase Offered Shares Units will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB BankTriLinc Global Impact Fund, N.A.LLC”. The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Units subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as agent the case may be, for NexPoint Capital, Inc.”the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than ten business days of receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share subscribed for, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus, or such price disclosed by the Company. There shall be a minimum initial purchase by any one purchaser of $2,500 2,000 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.Sierra Income Corporation.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint Capital, Inc.“Sierra Income Corporation.”

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any discounted purchase price per Share that may apply discounts based upon the available discounts specified in the Prospectusvolume of shares purchased and for certain categories of purchasers as described above. There shall be a minimum initial purchase by any one purchaser of $2,500 4,000 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 100 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons purchasers who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Xxxxx Fargo Bank, N.A., as escrow agent for NexPoint CapitalNorthStar Senior Care Trust, Inc.” or “Xxxxx Fargo Bank, N.A., as agent for NS Senior Care.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalNorthStar Senior Care Trust, Inc.” or “NS Senior Care.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering (and/or in the Follow-On Offering) will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (and, in the “Subscription Agreement”event of the Follow-On Offering, the Follow-On Prospectus) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus (or, in the event of the Follow-On Offering, such amount per Share as set forth in the applicable Follow-On Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in the Follow-On Prospectus). Minimum subsequent purchases of Offered Shares shall be $500 per transactiontransaction (except as otherwise indicated in the Follow-On Prospectus). Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalMultifamily Realty Trust, Inc.” or a reasonable contraction or abbreviation thereof. Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalMultifamily Realty Trust, Inc.”” The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Shares subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as the case may be, for the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than the end of the next business day following receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any discounted purchase price per Share that may apply discounts based upon the available discounts specified in the Prospectusvolume of shares purchased and for certain categories of purchasers as described above. There shall be a minimum initial purchase by any one purchaser of $2,500 4,000 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 100 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those purchasers who purchase Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “ , as agent for NorthStar Real Estate Income Trust, Inc.” or “ , as agent for NSREIT.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalNorthStar Real Estate Income Trust, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to or “UMB Bank, N.A., as agent for NexPoint Capital, Inc.NSREIT.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares Units in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, check in U.S. dollars or by wire or money order transfer of immediately available funds (hereinafter referred to as an “instrument of payment”) for initially in the purchase price amount of the Offered Shares$10.00 per Class A Unit, subject to any $9.60 per Class C Unit and $9.20 per Class I Unit subscribed for, or such discounted purchase price per Share Unit that may apply based upon the available discounts specified in the Prospectus; provided that if the Company adjusts the price per Primary Unit and the price per DRIP Unit, as described in the initial paragraph of this Agreement, the purchase price of each class of Offered Units will be adjusted accordingly. There shall be a minimum initial purchase by any one purchaser of $2,500 2,000 of Offered Shares Units (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares Units shall be $500 per transaction, except for purchases made pursuant to the Company’s distribution reinvestment plan. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares Units will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalTriLinc Global Impact Fund, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint Capital, Inc.LLC”.

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the amount of $9.50 per Share until $50,000,000 in Primary Shares are sold. The Company shall submit an electronic copy of each Subscription Agreement it receives to the Processing Broker-Dealer within twenty-four (24) hours of receipt thereof. Thereafter, Primary Shares will be offered and sold at a purchase price of the Offered Shares$10.00 per Share, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 2,500 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least 250,000 Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Xxxxx Fargo Bank, N.A., as escrow agent Escrow Agent for NexPoint CapitalBluerock Enhanced Multifamily Trust, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalBluerock Enhanced Multifamily Trust, Inc.”” The Processing Broker-Dealer receiving a Subscription Agreement and instrument of payment not conforming to the foregoing instructions shall return such Subscription Agreement and instrument of payment directly to such subscriber not later than the end of the second business day following receipt by the Processing Broker-Dealer of such materials. Subscription Agreements and instruments of payment received by the Processing Broker-Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the amount of $9.50 per Share until $50,000,000 in Primary Shares are sold. The Company shall submit an electronic copy of each Subscription Agreement it receives to the Processing Broker-Dealer within twenty-four (24) hours of receipt thereof. Thereafter, Primary Shares will be offered and sold at a purchase price of the Offered Shares$10.00 per Share, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 2,500 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least 250,000 Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Xxxxx Fargo Bank, N.A., as escrow agent Escrow Agent for NexPoint CapitalBluerock Enhanced Multifamily REIT, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalBluerock Enhanced Multifamily REIT, Inc.”” The Processing Broker-Dealer receiving a Subscription Agreement and instrument of payment not conforming to the foregoing instructions shall return such Subscription Agreement and instrument of payment directly to such subscriber not later than the end of the second business day following receipt by the Processing Broker-Dealer of such materials. Subscription Agreements and instruments of payment received by the Processing Broker-Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, check in U.S. dollars or by wire or money order transfer of immediately available funds (hereinafter referred to as an “instrument of payment”) initially in the amount of $10.00 per Class A Share, $9.576 per Class C Share and $9.186 per Class I Share subscribed for in the purchase price of the Offered Sharesprimary Offering, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the ProspectusProspectus or at any other price as may be set by the Company following a quarterly valuation of its assets. Each class of DRIP Shares will be initially sold at $9.025 per share until such time as the Company commences valuations of its assets during the first full quarter following the satisfaction of the Minimum Offering and, thereafter, at the price equal to the current offering price per Share, less the sales fees associated with that class of shares in the Company’s primary Offering. There shall be a minimum initial purchase in the primary Offering by any one purchaser of $2,500 2,000 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in any Follow-On Prospectus). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.Greenbacker Renewable Energy Company LLC.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB BankGreenbacker Renewable Energy Company LLC” The Dealer Manager may authorize Dealer, N.A.if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Shares subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as agent the case may be, for NexPoint Capital, Inc.”the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than ten business days of receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalHospitality Trust, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalHospitality Trust, Inc.”

Submission of Orders. Dealer hereby agrees to solicit, as an independent contractor and not as the agent of the Dealer Manager or of the Company (a) Each person desiring or their affiliates), persons acceptable to the Company to purchase Offered the Shares in pursuant to the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (and in accordance with the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument terms of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase Dealer hereby agrees to diligently make inquiries as required by any one purchaser of $2,500 of Offered Shares (except this Agreement, as otherwise indicated set forth in the Prospectus, or and as required by all applicable laws of all prospective investors in any letter or memorandum from order to ascertain whether a purchase of the Company to the Dealer Manager)Shares is suitable for each such investor. Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those Those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalCxxxxx Validus Mission Critical REIT, Inc.” Thereafteror a reasonable contractor or abbreviation thereof, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable including, but not limited to “UMB UMB, Bank, N.A., as agent for NexPoint Capitalf/b/o CVREIT” or after the Company reaches its minimum offering, to “Cxxxxx Validus Mission Critical REIT, Inc.” or “CVREIT.” Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit as set forth below. The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer”, to instruct its customers to make its checks for Shares subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as the case may be, for the aggregate amount of the subscription proceeds. Transmittal of received investor funds will be made in accordance with the following procedures:

Submission of Orders. (a) Each person desiring to purchase Offered Shares Units in the Offering will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, check in U.S. dollars or by wire or money order transfer of immediately available funds (hereinafter referred to as an “instrument of payment”) initially in the amount of $10.00 per Class A Unit, $9.576 per Class C Unit and $9.186 per Class I Unit subscribed for in the purchase price of the Offered Sharesprimary Offering, subject to any or such discounted purchase price per Share Unit that may apply based upon the available discounts specified in the ProspectusProspectus or at any other price as may be set by the Company following a quarterly valuation of its assets. Each class of DRIP Units will be initially sold at $9.025 per unit until such time as the Company commences valuations of its assets during the first full quarter following the satisfaction of the Minimum Offering and, thereafter, at the price equal to the then current offering price per Unit, less the sales fees associated with that class of Units in the Company’s primary offering. There shall be a minimum initial purchase in the primary Offering by any one purchaser of $2,500 2,000 of Offered Shares Units (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in any Follow-On Prospectus). Minimum subsequent purchases of Offered Shares Units shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares Units will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalTriLinc Global Impact Fund, Inc.” LLC”. Thereafter, those persons who purchase Offered Shares Units will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB BankTriLinc Global Impact Fund, N.A.LLC”. The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Units subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as agent the case may be, for NexPoint Capital, Inc.”the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than ten business days of receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, check in U.S. dollars or by wire or money order transfer of immediately available funds (hereinafter referred to as an “instrument of payment”) for initially in the purchase price amount of the Offered Shares$10.00 per Class A Share, subject to any $9.576 per Class C Share and $9.186 per Class I Share subscribed for, or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus; provided that if the Company adjusts the price per Primary Shares and the price per DRIP Share, as described in the initial paragraph of this Agreement, the purchase price of each class of Offered Shares will be adjusted accordingly. There shall be a minimum initial purchase by any one purchaser of $2,500 2,000 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction, except for purchases made pursuant to the Company’s distribution reinvestment plan. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, Bank N.A., as escrow agent for NexPoint Capital, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint Capital, Inc.Greenbacker Renewable Energy Company LLC.”

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectusfor certain categories of purchasers as described above. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,500,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons purchasers who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalCM REIT, Inc.” Thereafter, those persons who purchase Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “CM REIT, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Offered Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalHospitality Trust, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalHospitality Trust, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalMultifamily Realty Trust, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalMultifamily Realty Trust, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering (and/or in the Follow-On Offering) will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (and, in the “Subscription Agreement”event of the Follow-On Offering, the Follow-On Prospectus) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus (or, in the event of the Follow-On Offering, such amount per Share as set forth in the applicable Follow-On Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in the Follow-On Prospectus). Minimum subsequent purchases of Offered Shares shall be $500 per transactiontransaction (except as otherwise indicated in the Follow-On Prospectus). Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalHospitality Trust, Inc.” or a reasonable contraction or abbreviation thereof. Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalHospitality Trust, Inc.”” The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Shares subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as the case may be, for the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than the end of the next business day following receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering (and/or in the Follow-On Offering) will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (and, in the “Subscription Agreement”event of the Follow-On Offering, the Follow-On Prospectus) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus (or, in the event of the Follow-On Offering, such amount per Share as set forth in the applicable Follow-On Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in the Follow-On Prospectus). Minimum subsequent purchases of Offered Shares shall be $500 per transactiontransaction (except as otherwise indicated in the Follow-On Prospectus). Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalHospitality Trust, Inc.” or a reasonable contraction or abbreviation thereof. Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalHospitality Trust, Inc.”” The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Shares subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as the case may be, for the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than the end of the next business day following receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix Appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Participating Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered 250 Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer ManagerCompany). Minimum subsequent purchases of Offered Shares shall be $500 per transaction500. Until such time as the Company has satisfied received and accepted subscriptions for at least 200,000 Offered Shares and released the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released escrow (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares will be instructed by the Processing Broker-Participating Dealer to make their checks payable to “UMB Regions Bank, N.A., as escrow agent Escrow Agent for NexPoint CapitalMxxxx National REIT I, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Participating Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalMxxxx National REIT I, Inc.”. Any Subscription Agreement and instrument of payment not conforming to the foregoing instructions shall be returned to such subscriber not later than the end of the second business day following receipt by Participating Dealer of such materials. Subscription Agreements and instruments of payment received by Participating Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share subscribed for, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 2,000 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalX’Xxxxxxx Strategic Gateway REIT, Inc.” or “UMB Bank, N.A., E.A. for X’Xxxxxxx Strategic Gateway REIT, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalX’Xxxxxxx Strategic Gateway REIT, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share subscribed for, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 2,000 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.[ ]” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint Capital, Inc.[ ].”

Submission of Orders. (a) Each person desiring to purchase Offered Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for the purchase price of the Offered Shares, subject to any discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 of Offered Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Shares shall be $500 per transaction. 12.1 Until such time as the Company has satisfied received and accepted subscriptions for at least 200,000 shares and released the Minimum Offering and proceeds from such subscriptions from the Escrow Account have been released escrow (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any stateNew York and Pennsylvania), those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer Manager or the Dealer to make their checks payable as provided in the Escrow Agreement. Thereafter, those persons who purchase Shares will be instructed by the Dealer Manager or the Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalBehringer Harvard Opportunity REIT II, Inc.” Thereafter, those persons who purchase Offered Shares The Dealer Manager and any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than the end of the next business day following its receipt. Checks received by the Dealer Manager or Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods described in this Section 12. Transmittal of received investor funds will be instructed by made in accordance with the Processing Brokerfollowing procedures. The Dealer Manager may authorize certain Dealers which are “$250,000 broker-Dealer dealers” to instruct their customers to make their checks for Shares subscribed for payable directly to the Dealer. In such case, the Dealer will collect the proceeds of the subscribers’ checks and issue a check for the aggregate amount of the subscription proceeds made payable to the order of the escrow agent, or if instructed by the Dealer Manager as provided above, made payable to “UMB Bank, N.A., as agent for NexPoint CapitalBehringer Harvard Opportunity REIT II, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Shares Units in the Offering will be required to complete and execute a subscription agreement Subscription Agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, check in U.S. dollars or by wire or money order transfer of immediately available funds (hereinafter referred to as an “instrument of payment”) initially in the amount of $10.00 per Class A Unit, $9.60 per Class C Unit and $9.20 per Class I Unit subscribed for in the purchase price of the Offered Sharesprimary Offering, subject to any or such discounted purchase price per Share Unit that may apply based upon the available discounts specified in the ProspectusProspectus or at any other price as may be set by the Company following a quarterly valuation of its assets. Each class of DRIP Units will be initially sold at $9.025 per unit until such time as the Company commences valuations of its assets at the end of the first full quarter following the satisfaction of the Minimum Offering and, thereafter, at the price equal to the most recent net asset value per unit of such class determined prior to the distribution date. There shall be a minimum initial purchase in the primary Offering by any one purchaser of $2,500 2,000 of Offered Shares Units (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager, or in any Follow-On Prospectus). Minimum subsequent purchases of Offered Shares Units shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Shares Units will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalTriLinc Global Impact Fund, Inc.” LLC”. Thereafter, those persons who purchase Offered Shares Units will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB BankTriLinc Global Impact Fund, N.A.LLC”. The Dealer Manager may authorize Dealer, if Dealer is a “$250,000 broker-dealer,” to instruct its customers to make its checks for Units subscribed for payable directly to the Dealer, in which case the Dealer will collect the proceeds of the subscriber’s checks and issue a check made payable to the order of the Escrow Agent or the Company, as agent the case may be, for NexPoint Capital, Inc.”the aggregate amount of the subscription proceeds. Subscription Agreements and instruments of payment not conforming to the foregoing instructions shall be returned directly to such subscriber not later than ten business days of receipt by the Dealer of such materials. Subscription Agreements and instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted pursuant to one of the following methods:

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the purchase price amount of the Offered Shares$10.00 per Share subscribed for, subject to any or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser of $2,500 2,000 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 per transaction. Until such time as the Company has satisfied the Minimum Offering and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint CapitalX’Xxxxxxx Strategic Industrial REIT, Inc.” or “UMB Bank, N.A., E.A. for X’Xxxxxxx Strategic Industrial REIT, Inc.” Thereafter, those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalX’Xxxxxxx Strategic Industrial REIT, Inc.”

Submission of Orders. (a) Each person desiring to purchase Offered Primary Shares in the Offering will be required to complete and execute a subscription agreement in the form attached as an appendix to the Prospectus (the “Subscription Agreement”) and to deliver to the Dealer Manager or Participating Dealer, as the case may be (the “Processing Broker-Dealer”), such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) for in the initial amount of $10.00 per Share, or such other per Share purchase price as the Company’s Board of the Offered Shares, Directors may establish from time to time (subject to any discounted purchase price per Share that may apply available discounts based upon the available discounts volume of Shares purchased and for certain categories of purchasers, as specified in the Prospectus). There shall be a minimum initial purchase by any one purchaser of $2,500 4,000 of Offered Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Offered Primary Shares shall be $500 100 per transaction. Until such time as the Company has satisfied received and accepted subscriptions for at least $2,000,000 in Primary Shares (the “Minimum Offering Offering”) and released the proceeds from such subscriptions from the Escrow Account have been released (or such greater amount as may be applicable in respect of any greater escrow in respect of subscribers from any state), those persons who purchase Offered Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “ , N.A., as Escrow Agent for Steadfast Secure Income REIT, Inc.” or “ , E.A. for Steadfast REIT.” Thereafter, those persons who purchase Primary Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as escrow agent for NexPoint Capital, Inc.” Thereafter, those persons who purchase Offered Shares will be instructed by the Processing Broker-Dealer to make their checks payable to “UMB Bank, N.A., as agent for NexPoint CapitalSteadfast Secure Income REIT, Inc.”