Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B5
Source: 0001193125-25-036947
Chunk: 30

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B5
Chunk 30
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 of issuance thereof or, at the option of TD, by check mailed to the holder entitled thereto. S-21

Any payment on your note that would otherwise be due on a day that is not a business day may instead be paid on the next day that is a business day. In the case of a fixed rate note, the payment will be made without additional accrued interest from the original due date as if it was paid on the original due date. In the case of a floating rate note, interest will accrue to but excluding that next succeeding business day. However, if the next business day falls in the next calendar month, then the interest payment date will be advanced to the next preceding day that is a business day, and interest will accrue to but excluding that next preceding business day. The term “business day” with respect to your note may have a different meaning than it does for notes of another series. Interest Rates This subsection describes the different kinds of interest rates that may apply to your note, if it bears interest. Fixed Rate Notes The applicable pricing supplement will specify the interest payment dates for a fixed rate note as well as the maturity date. Unless otherwise specified in the applicable pricing supplement, interest, if any, on fixed rate notes will be computed for each interest period as the product of (i) the face or other specified amount of the fixed rate note multiplied by(ii) the applicable interest rate specified in the applicable pricing supplement for the interest period multiplied by(iii) an accrued interest factor for the interest period based on a day count fraction of 30/360 (as described below under “—Day Count Conventions”). If any interest payment date, redemption date, repayment date or maturity date of a fixed rate note falls on a day that is not a business day, we will make the required payment of principal, premium, if any, and/or interest on the next succeeding business day, and no additional interest will accrue in respect of the payment made on that next succeeding business day. Floating Rate Notes In this subsection, we use several specialized terms relating to the manner in which floating interest rates are calculated. These terms appear in bold, italicized type the first time they appear, and we define these terms in “—Special Rate Calculation Terms” at the end of this subsection. The following will apply to floating rate notes, fixed-to-floatingrate notes, floating-to-fixedrate notes or any other note referencing an interest rate basis (for purposes of this section, “floating rate notes”). Interest Rate Basis. We currently expect