Company: TDBCP
Filing Date: 2025-09-24
Form Type: 424B3
Source: 0001140361-25-035988
Chunk: 24

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-24
Form: 424B3
Chunk 24
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 Stock (or such other security) is issued by a foreign issuer and its Closing Market Price cannot be determined as set forth in the two bullet points above, and the Underlying Stock (or such 
 other security) is listed or admitted to trading on a non-U.S. securities exchange or market, the last reported sale price, regular way, of the                                                                 |

PS-21 principal trading session on that day on the primary non-U.S. securities exchange or market on which the Underlying Stock (or such other security) is listed or admitted to trading (converted to U.S. dollars using such exchange rate as determined by the calculation agent); or

| • | if the Closing Market Price cannot be determined as set forth in the prior bullets, the mean, as determined by the calculation agent, of the bid prices for the Underlying Stock (or such other                                                  
 security) obtained from as many dealers in that security (which may include us, BofAS and/or any of our or their respective affiliates), but not exceeding three, as will make the bid prices available to the calculation agent. If no such bid 
 price can be obtained, the Closing Market Price will be determined (or, if not determinable, estimated) by the calculation agent.                                                                                                                |

If the scheduled valuation date is not a trading day by reason of an extraordinary event, occurrence, declaration, or otherwise or that there is a Market Disruption Event on that day, the valuation date will be the immediately succeeding trading day during which no Market Disruption Event occurs or is continuing; provided that the Closing Market Price of the Underlying Stock will be determined (or, if not determinable, estimated) by the calculation agent on a date no later than the second scheduled trading day prior to the maturity date, regardless of the occurrence of a non-trading day or Market Disruption Event on that day, and such day will be deemed to be the valuation day. The initial “ Price Multiplier” for the Underlying Stock will be one, unless otherwise set forth in the applicable term sheet. The Price Multiplier will be subject to adjustment for certain corporate events relating to the Underlying Stock described below under “—Anti-Dilution Adjustments.” Market Disruption Events As to the Underlying Stock (or the “successor Underlying Stock,” which is the common equity securities of a Successor Entity (as defined below)), a “ Market Disruption Event” means one or more of the following events, as determined by the calculation agent:

| (A) | the