Company: TDBCP
Filing Date: 2025-07-29
Form Type: 424B2
Source: 0001140361-25-027726
Chunk: 7

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-29
Form: 424B2
Chunk 7
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80.00% of the Principal Amount of your Notes.

If you receive the Share Delivery Amount, you are expected to suffer a loss on your investment based on the percentage decline in the price of the Reference Asset from the Initial Price to the Final
    Price. Additionally, in the event that the Final Price is less than the Principal Barrier Price, any decline in the price of the Reference Asset from the Final Valuation Date to the Maturity Date will cause your return on the Notes to be less than the
    return you would have received had we instead paid you an amount in cash equal to the value of the Share Delivery Amount calculated as of the Final Valuation Date.

You Will Not Receive the Contingent Coupon Payment With Respect to a Coupon Payment Date If the Closing Price on the Reference Asset on Such Observation Date Is Less Than the
    Contingent Coupon Barrier Price.

You will not receive a Contingent Coupon Payment on a Coupon Payment Date if the Closing Price of the Reference Asset on the related Observation Date is less than the Contingent Coupon Barrier Price. If the Closing Price of the Reference Asset is less than the Contingent Coupon Barrier Price on each Observation Date over the term of the Notes, you will not receive any
    Contingent Coupon Payments and you will not receive a positive return on your Notes. Generally, this non-payment of any Contingent Coupon Payment will coincide with a greater risk of principal loss on your Notes at maturity.

The Potential Positive Return on the Notes Is Limited to the Contingent Coupon Payments Paid on the Notes, If Any, Regardless of Any Appreciation in the Price of the Reference Asset.

The potential positive return on the Notes is limited to any Contingent Coupon Payments paid, meaning any positive return on the Notes will be composed solely of the sum of any
    Contingent Coupon Payments paid over the term of the Notes. Therefore, if the appreciation of the Reference Asset exceeds the sum of any Contingent Coupon Payments actually paid on the Notes, the return on the Notes will be less than the return on a direct investment in the Reference Asset or in a security directly linked to the positive performance of the Reference Asset.

Your Return May Be Less than the Return on a Conventional Debt Security of Comparable Maturity.

The return that you will receive on your Notes, which could be negative, may be less than the return you could earn on other investments. The Notes do not provide for fixed coupon
    payments and you may not receive any Contingent Coupon Payments over