Company: TDBCP
Filing Date: 2025-09-12
Form Type: 424B5
Source: 0001193125-25-201820
Chunk: 62

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-12
Form: 424B5
Chunk 62
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 or becomes effective on or after the date of issue of the Notes, the
Bank (or its successor) has or will become obligated to pay, on the next succeeding date on which interest is due, Additional Amounts on the Notes (assuming, in the case of any announced prospective change, that such announced change will become
effective as of the date specified in such announcement and in the form announced); or (B) on or after the date of issue of the Notes, any action has been taken by any taxing authority of, or any decision has been rendered by a court of
competent jurisdiction in, Canada or any political subdivision or taxing authority thereof or therein, including any of those actions specified in clause (ii)(A) above, whether or not such action was taken or decision was rendered with respect to
the Bank (or its successor), or any change, amendment, application or interpretation shall be officially proposed, which, in any such case, will result in the Bank (or its successor) becoming obligated to pay, on the next succeeding date on which
interest is due, Additional Amounts on the Notes (assuming, in the case of any announced prospective change, that such announced change will become effective as of the date specified in such announcement and in the form announced); and, in any such
case of clauses (ii)(A) or (B), the Bank (or its successor), in its business judgment, determines that such obligation cannot be avoided by the use of reasonable measures available to it (or its successor). For the avoidance of doubt, reasonable
measures do not include a change in the terms of the Notes or a substitution of the debtor.

If the Bank redeems the Notes because of the
occurrence of a Regulatory Event Date or Tax Event Date, the Bank will do so at the Redemption Price.

Automatic Redemption on Redemption of Series 33 Shares

Upon redemption by the Bank of the Series 33 Shares held in the Limited Recourse Trust in
accordance with the terms of such shares (the “Preferred Share Redemption”) on any date other than the Maturity Date, outstanding Notes with an aggregate principal amount equal to the aggregate face amount of Series 33 Shares redeemed by
the Bank pursuant to the Preferred Share Redemption, shall automatically and immediately be redeemed, for a cash amount equal to the Redemption Price, on a full and permanent basis, without any action on the part of, or the need for consent from,
the holders of such Notes. Unless otherwise satisfied, the Limited Recourse Trust shall