Company: TDBCP
Filing Date: 2025-06-17
Form Type: 424B3
Source: 0001140361-25-022771
Chunk: 48

Company: TORONTO DOMINION BANK
Filing Date: 2025-06-17
Form: 424B3
Chunk 48
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or one of our affiliates) as the joint calculation agents for each issue of the SUNs. Alternatively, we may appoint BofAS (or one of its affiliates) as calculation agent for the SUNs. When we refer to a “calculation agent” in this product supplement or in any term sheet, we are referring to the applicable calculation agent or joint calculation agents, as the case may be. However, in either case, we may change the calculation agent at any time without notifying you. The identity of the calculation agent will be set forth in the applicable term sheet. Same-Day Settlement and Payment The SUNs will be delivered in book-entry form only through DTC against payment by purchasers of the SUNs in immediately available funds. We will pay the amount payable on the SUNs in immediately available funds so long as the SUNs are maintained in book-entry form. Events of Default and Acceleration Events of default are defined in the senior debt indenture. Subject to the below paragraph, if such an event occurs and is continuing, unless otherwise stated in the applicable term sheet, the amount payable to a holder of the SUNs upon any acceleration permitted under the senior indenture will be equal to the payment described under “—Payment at Maturity,” determined as PS-39 if the date of acceleration were the maturity date of the SUNs and as if the calculation day were the fifth Market Measure Business Day prior to the date of acceleration. If the SUNs are subject to an automatic call, and an event of default occurs on or prior to the final Observation Date (i.e., not during the period from the final Observation Date to the original maturity date of the SUNs), then the payment on the SUNs will be determined as described under the caption “—Automatic Call,” as if the next scheduled Observation Date were five Market Measure Business Days prior to the date of acceleration; provided that the applicable Observation Level as of that date is greater than or equal to the Call Level. In such case, the calculation agent shall pro-rate the applicable Call Premium and Call Amount according to the period of time elapsed between the settlement date of the SUNs and the date of acceleration. For the avoidance of doubt, if the Observation Level of the Market Measure as of that date is less than the Call Level, the payment on the SUNs will be calculated as set forth in the prior paragraph. If a bankruptcy proceeding is commenced in respect of us, your claim may be limited under applicable bankruptcy law. In case of a default in payment of the SUNs, whether at