Company: TDBCP
Filing Date: 2025-06-17
Form Type: 424B3
Source: 0001140361-25-022771
Chunk: 31

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-17
Form: 424B3
Chunk 31
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 equal to the Call Level set forth in the applicable term sheet. The “ Call Level” will be a value of the Market Measure that equals a specified percentage of the Starting Value. The Call Level will be determined on the pricing date and set forth in the applicable term sheet. The “ Observation Dates” will be set forth in the applicable term sheet, subject to postponement in the event of Market Disruption Events or non-Market Measure Business Days. If the SUNs are automatically called on an Observation Date, for each unit of the SUNs that you own, we will pay you the Call Amount applicable to that Observation Date. The “ Call Amount” will be equal to the principal amount plus the applicable Call Premium. The “ Call Premium” will be a percentage of the principal amount. The Observation Dates and the related Call Amounts and Call Premiums will be specified in the applicable term sheet. If the SUNs are automatically called on an Observation Date, we will redeem the SUNs and pay the applicable Call Amount on the applicable Call Settlement Date. Each “ Call Settlement Date” will occur on approximately the fifth Business Day after the applicable Observation Date, subject to postponement as described below. Unless otherwise specified in the applicable term sheet, if a scheduled Observation Date is determined by the calculation agent not to be a Market Measure Business Day (as defined below) by reason of an extraordinary event, occurrence, declaration, or otherwise, or if there is a Market Disruption Event on that day, the applicable Observation Date will be the immediately succeeding Market Measure Business Day during which no Market Disruption Event occurs or is continuing; provided that the Observation Level will not be determined on a date later than the fifth scheduled Market Measure Business Day after the scheduled Observation Date. If that fifth day is not a Market Measure Business Day, or if there is a Market Disruption Event on that date, then the calculation agent will determine (or, if not determinable, estimate) the Observation Level on that fifth scheduled Market Measure Business Day. If, due to a Market Disruption Event or otherwise, a scheduled Observation Date is postponed, the relevant Call Settlement Date will be postponed to approximately the fifth Business Day following the Observation Date as postponed, unless otherwise specified in the applicable term sheet. The Starting Value, the Observation Level and the Ending Value Starting Value In the case of an Index, unless otherwise specified in the applicable term sheet, the “ Starting Value” will be the closing level of the Index on the pricing date. PS-27 In the case of an Underlying Fund,