Company: TDBCP
Filing Date: 2025-01-10
Form Type: 424B2
Source: 0001140361-25-000785
Chunk: 36

Company: TORONTO DOMINION BANK
Filing Date: 2025-01-10
Form: 424B2
Chunk 36
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 have already been calculated and disseminated even if issuing companies file amendments on previously released information. Market Disruption If trading in a certain constituent is halted, JPXI regards the constituent’s share price for purposes of calculating TPX to be unchanged. Where an event that is not specified in the rules of TPX occurs, or if JPXI decides that it is impossible to use its existing methods to calculate TPX, JPXI may use an alternate method of index calculation as it deems valid. License Agreement We have agreed to enter into a non-exclusive license agreement with the TSE, Inc. whereby it, in exchange for a fee, is permitted to use TPX in connection with certain certificates of deposit, including the Notes. The Issuer is not affiliated with the TSE; the only relationship between the TSE and the Issuer is any licensing of the use of TPX and trademarks relating to it. The license agreement between us and the TSE provides that the following disclaimer must be set forth herein:

| (i) | The TOPIX Index Value and the TOPIX Index Marks are subject to the rights owned by the TSE and the TSE owns all rights relating to TPX, such as calculation, publication and use of the TOPIX Index Value and relating to the TOPIX Index 
 Marks.                                                                                                                                                                                                                                    |

| (ii) | The TSE shall reserve the rights to change the methods of calculation or publication, to cease the calculation or publication of the TOPIX Index Value or to change the TOPIX Index Marks or cease the use thereof. |

| (iii) | The TSE makes no warranty or representation whatsoever, either as to the results stemmed from the use of the TOPIX Index Value and the TOPIX Index Marks or as to the figure at which the TOPIX Index Value stands on any particular day. |

| (iv) | The TSE gives no assurance regarding accuracy or completeness of the TOPIX Index Value and data contained therein. Further, the TSE shall not be liable for the miscalculation, incorrect publication, delayed or interrupted publication of 
 the TOPIX Index Value.                                                                                                                                                                                                                       |

| (v) | No Notes are in any way sponsored, endorsed or promoted by the TSE. |

| TD SECURITIES (USA) LLC | P-23 |

| (vi) | The TSE shall not bear any obligation to give an explanation of the Notes or an advice on investments to any purchaser of the Notes or to the public. |

| (vii) | The T