Company: TDBCP
Filing Date: 2025-08-07
Form Type: 424B2
Source: 0001140361-25-029525
Chunk: 2

Company: TORONTO DOMINION BANK
Filing Date: 2025-08-07
Form: 424B2
Chunk 2
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| Maximum Redemption Amount: | At least $1,173.50 per Principal Amount of the Notes (at least 117.35% of the Principal Amount of the Notes). As a result of the Maximum Redemption Amount, the maximum return at maturity of                                                      
 the Notes in excess of the Principal Amount will be at least 17.35% of the Principal Amount of the Notes. The actual Maximum Redemption Amount will be determined on the Pricing Date.                                                             |
| Closing Level:             | For the Reference Asset (or any “successor index” thereto, as defined in the product supplement) on any Trading Day, the Closing Level will be its closing level published by its sponsor (its                                                     
 “Index Sponsor”) as displayed on the relevant Bloomberg Professional®service (“Bloomberg”) page or any successor page or service.                                                                                                                  |
| Trading Day:               | A day on which the NYSE and the Nasdaq Stock Market, or their successors, are scheduled to be open for trading, as determined by the Calculation Agent.                                                                                            |
| Business Day:              | Any day that is a Monday, Tuesday, Wednesday, Thursday or Friday that is neither a legal holiday nor a day on which banking institutions are authorized or required by law to close in New York City.                                              |
| U.S. Tax Treatment:        | By purchasing the Notes, you agree, in the absence of a statutory or regulatory change or an administrative determination or judicial ruling to the contrary, to characterize the Notes, for U.S. federal income                                   
 tax purposes, as prepaid derivative contracts with respect to the Reference Asset. Based on certain factual representations received from us, our special U.S. tax counsel, Fried, Frank, Harris, Shriver & Jacobson LLP, is of the opinion        
 that it would be reasonable to treat the Notes in the manner described above. However, because there is no authority that specifically addresses the tax treatment of the Notes, it is possible that your Notes could alternatively be treated for 
 tax purposes as a single contingent payment debt instrument, or pursuant to some other characterization, such that the timing and character of your income from the Notes could differ materially and adversely from the treatment described       
 above, as discussed further under “Material U.S. Federal Income Tax Consequences” herein and in the product supplement.                                                                                                                            |
| Canadian Tax Treatment:    | Please see the discussion in the prospectus under “Tax Consequences — Canadian Taxation” and in the product supplement under “Supplemental Discussion of Canadian Tax Consequences”, which