Company: TDBCP
Filing Date: 2025-03-04
Form Type: 424B3
Source: 0001140361-25-006811
Chunk: 28

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-04
Form: 424B3
Chunk 28
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| • | if the Closing Market Price cannot be determined as set forth in the prior bullets, the mean, as determined by the calculation agent, of the bid prices for the Underlying Fund (or such other security) obtained                             
 from as many dealers in that security (which may include us, BofAS and/or any of our or their affiliates), but not exceeding three, as will make the bid prices available to the calculation agent. If no such bid price can be obtained, the 
 Closing Market Price will be determined (or, if not determinable, estimated) by the calculation agent.                                                                                                                                        |

The initial “Price Multiplier”for each Underlying Fund will be 1, unless otherwise set forth in the applicable term sheet. The Price Multiplier for each Underlying Fund will be subject to adjustment for certain events relating to that Underlying Fund described below under “— Anti-Dilution and Discontinuance Adjustments Relating to Underlying Funds.” A “ calculation day” means any scheduled Market Measure Business Day during the Maturity Valuation Period on which a Market Disruption Event has not occurred. Unless otherwise specified in the applicable term sheet, as to any Index, a “ Market Measure Business Day” means a day on which (1) the New York Stock Exchange (the “ NYSE”) and The Nasdaq Stock Market, or their successors, are open for trading and (2) the Index or any successor is calculated and published. As to any Underlying Fund, a “ Market Measure Business Day” means a day on which the securities exchange on which that Underlying Fund has its primary listing is open for trading. If (i) a Market Disruption Event occurs on a scheduled calculation day during the Maturity Valuation Period or (ii) any scheduled calculation day is determined by the calculation agent not to be a Market Measure Business Day by reason of an extraordinary event, occurrence, declaration, or otherwise (any such day in either (i) or (ii) being a “ non-calculation day”), the closing level or the Closing Market Price, as applicable, of the Market Measure for the applicable non-calculation day will be the closing level or the Closing Market Price, as applicable, of the Market Measure on the next calculation day that occurs during the Maturity Valuation Period. For example, if the first and second scheduled calculation days during the Maturity Valuation PS-24 Period are non-calculation days, then the closing level or the Closing Market Price, as applicable,