Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001193125-25-036947
Chunk: 45

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B5
Chunk 45
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 SOFR Index value for the day which is the first day of the relevant SOFR Index Observation Period; “ SOFR Index end” is the SOFR Index value for the day which is the last day of the relevant SOFR Index Observation Period; “ d” is the number of calendar days in the relevant SOFR Index Observation Period; “ SOFR Index” means, with respect to any U.S. Government Securities Business Day:

| A. | the SOFR Index value as published by the SOFR Administrator as such index appears on the SOFR                                                              
 Administrator’s Website at 3:00 p.m. (New York time) on such U.S. Government Securities Business Day (the “SOFR Index Determination Time”); provided that: |

| B. | if a SOFR Index value does not so appear as specified in A. above at the SOFR Index Determination Time, then                                                                                                                          
 (i) if a Benchmark Transition Event and its related Benchmark Replacement Date have not occurred with respect to SOFR, then Compounded SOFR shall be the rate determined pursuant to the “SOFR Index Unavailable” provisions (defined 
 below) or (ii) if a Benchmark Transition Event and its related Benchmark Replacement Date have occurred in respect of SOFR, then Compounded SOFR shall be the rate determined pursuant to the “Effect of Benchmark Transition Event”  
 section below;                                                                                                                                                                                                                        |

“ SOFR Index Observation Period” means in respect of each Interest Period, the period from, and including, the date falling “p” U.S. Government Securities Business Days preceding the first date in such Interest Period to, but excluding, the date falling “p” U.S. Government Securities Business Days preceding the Interest Payment Date for such Interest Period, or such other period as may be specified in the applicable Final Terms or Pricing Supplement; “ SOFR Index Observation Period Shift” is the number of U.S. Government Securities Business specified in the applicable Final Terms or Pricing Supplement; “ p”, for any SOFR Index Observation Period, is the number of U.S. Government Securities Business Days included in the SOFR Index Observation Period Shift, as specified in the applicable Final Terms or Pricing Supplement; and “ SOFR Index Unavailable” means if the SOFR Index is not published on a SOFR Index Startor SOFR Index Endon the associated Interest Determination Date and a Benchmark Transition Event and its related Benchmark Replacement Date have not occurred with respect to SOFR, “Compounded SOFR” means, for an Interest Determination