Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B3
Source: 0001140361-25-006068
Chunk: 8

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B3
Chunk 8
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 any of the foregoing at any time. It is possible that we or one or more of our affiliates could receive substantial returns from these hedging activities while the market value of the securities declines. We or one or more of our affiliates may also issue or underwrite other securities or financial or derivative instruments with returns linked or related to changes in the performance of an Underlying Stock, an Index, a Fund or one or more securities included in an Index or held by a Fund (as applicable). These trading activities may present a conflict between the holders’ interest in the securities and the interests we and our affiliates will have in our or their proprietary accounts, in facilitating transactions, including options and other derivatives transactions, for our or their customers’ accounts and in accounts under our or their management. These trading activities could be adverse to the interests of the holders of the securities. We, the Agents and our or their respective affiliates may, at present or in the future, engage in business with one or more of the issuers of an Underlying Stock, a Fund or one or more securities included in an Index or held by a Fund (as the context requires) including making loans to or providing advisory services to those companies. These services could include investment banking and merger and acquisition advisory services. These business activities may present a conflict between our, the Agents’ and our affiliates’ obligations, and your interests as a holder of the securities. Moreover, we, the Agents or our affiliates may have published, and in the future expect to publish, research reports with respect to an Underlying Stock, an Index, a Fund or one or more securities included in an Index or held by a Fund. This research is modified from time to time without notice and may express opinions or provide recommendations that are inconsistent with purchasing or holding the securities. Any of these activities by us or one or more of our affiliates or the Agents or their affiliates may adversely affect the value of an Underlying Stock, an Index, a Fund or one or more securities included in an Index or held by a Fund and, therefore, the market value of, and any amount payable on, the securities. There Are Potential Conflicts Of Interest Between You And The Calculation Agent. The calculation agent will, among other things, determine the amount payable on the securities. We will serve as the calculation agent and may appoint a different calculation agent after the issue date specified in the applicable pricing supplement without notice to you. The calculation agent will exercise its judgment when performing its functions. For example, the calculation agent may have to determine whether