Company: TDBCP
Filing Date: 2025-10-09
Form Type: 424B3
Source: 0001140361-25-037791
Chunk: 24

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-09
Form: 424B3
Chunk 24
---
 in the accompanying prospectus) and the applicable discussions in the accompanying prospectus relating to bail-inable debt securities will not apply to LIRNs. The maturity date of LIRNs and the aggregate principal amount of each issue of LIRNs will be stated in the applicable term sheet. If the scheduled maturity date is not a Business Day, we will make the required payment on the next Business Day, and no interest will accrue as a result of such delay. We will not pay interest on LIRNs. LIRNs do not guarantee the return of principal at maturity. LIRNs will be payable only in U.S. dollars. Unless subject to an automatic call and automatically called prior to the maturity date, LIRNs will mature on the date set forth in the applicable term sheet. Prior to the maturity date, LIRNs are not redeemable at our option, except under the limited circumstances set forth below in the section “— Anti-Dilution Adjustments — Reorganization Events,” or repayable at the option of any holder. LIRNs are not subject to any sinking fund. LIRNs are not subject to the defeasance provisions described in the accompanying prospectus under “Description of the Debt Securities— Discharge, Defeasance and Covenant Defeasance”. LIRNs will be issued only in global form through The Depository Trust Company (“ DTC”).We will issue LIRNs in denominations of whole units. Unless otherwise set forth in the applicable term sheet, each unit will have a principal amount of $10. The CUSIP number for each issue of LIRNs will be set forth in the applicable term sheet. You may transfer LIRNs only in whole units. Payment at Maturity Unless LIRNs are subject to an automatic call and are automatically called prior to the maturity date, at maturity, subject to our credit risk as issuer of LIRNs, you will receive the PS-21 Redemption Amount, denominated in U.S. dollars. Unless otherwise specified in the applicable term sheet, the “ Redemption Amount” will be calculated as follows:

| ● | If the Ending Value is greater than the Starting Value, then the Redemption Amount will equal: |

If your LIRNs are Capped LIRNs, the Redemption Amount will not exceed the “ Capped Value” set forth in the applicable term sheet.

| ● | If the Ending Value is equal to or less than the Starting Value, but is greater than or equal to the Threshold Value, then the Redemption