Company: TDBCP
Filing Date: 2025-10-09
Form Type: 424B3
Source: 0001140361-25-037791
Chunk: 26

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-09
Form: 424B3
Chunk 26
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 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 if a Market Disruption Event or non-trading day occurs. The final Observation Date will be prior to the calculation days. If LIRNs are automatically called on an Observation Date, for each unit of LIRNs that you own, we will pay you the Call Amount applicable to that Observation Date on the relevant Call Settlement 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. Unless otherwise specified in the applicable term sheet, if LIRNs are automatically called on an Observation Date, we will redeem LIRNs 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. If a scheduled Observation Date is determined by the calculation agent not to be a trading 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 trading 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 trading day after the scheduled Observation Date, and if that fifth day is not a trading day, or if there is a Market Disruption Event on that date, the calculation agent will determine (or, if not determinable, estimate) the Observation Level on that fifth scheduled trading 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 Unless otherwise specified in the applicable term sheet, the “ Starting Value” will be the price of the Underlying Stock on the pricing date. If the Market Measure consists of a Basket, the Starting Value will be equal to 100. See “— Basket Market Measures” below. PS