Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B3
Source: 0001140361-25-006073
Chunk: 29

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B3
Chunk 29
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 to comply with the applicable change in law by removing any affected Reference Asset Constituents. |

Market Disruption Events Market Disruption Events if the Final Level or Closing Level, as applicable, is determined on a Single Valuation Date If the Final Level or closing level, as applicable, will be determined on a single Valuation Date and a market disruption event occurs or is continuing on that date with respect to a Reference Asset, the Final Level or closing level, as applicable, of the affected Reference Asset will equal its closing level on the first trading day following the Valuation Date on which the Calculation Agent determines that a market disruption event has not occurred and is not continuing with respect to such Reference Asset. If a market disruption event occurs or is continuing on each trading day to and including the eighth trading day following the applicable Valuation Date, that day will nevertheless be the Valuation Date and the Calculation Agent will estimate the Final Level or closing level, as applicable, that would have prevailed in the absence of the market disruption event. Market Disruption Events for Notes with Averaging Dates If the Final Level will be determined over more than one Valuation Date as the arithmetic average of the closing levels of the Reference Asset on each of the Valuation Dates, and a market disruption event occurs or is continuing with respect to a Reference Asset on any scheduled Valuation Date (including the Final Valuation Date), the closing level of the affected Reference Asset for that Valuation Date will equal its closing level on the first trading day on which a market disruption event has not occurred, is not continuing and which is not otherwise scheduled to be a Valuation Date (a “valid date”). If the first succeeding valid date in respect of the affected Reference Asset has not occurred as of the close of trading on the eighth trading day immediately following the original date that, but for the occurrence of another Valuation Date or market disruption event, would have been the Valuation Date, then (1) that eighth trading day will be deemed to be the Valuation Date (irrespective of whether that eighth trading day is already a Valuation Date), and (2) the Calculation Agent will determine the closing level on such day as specified above. Market Disruption Events on the Pricing Date The Calculation Agent may also postpone the determination of the Initial Level of the Reference Asset on the Pricing Date if it determines that a market disruption event has occurred or is continuing with respect to a Reference Asset on that date. If the Pricing Date is postponed, the Calculation Agent may adjust the Valuation Date(s) (