Company: TDBCP
Filing Date: 2025-02-27
Form Type: 424B3
Source: 0001140361-25-006127
Chunk: 8

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-27
Form: 424B3
Chunk 8
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 may be adversely affected by these types of events. Risks Relating to Characteristics of the Applicable Reference Asset The Reference Asset, Basket Components or Reference Asset Constituents Are Subject to Various Market Risks. The Reference Asset, Basket Components or Reference Asset Constituents are subject to various market risks. Consequently, the value of a Reference Asset, Basket Component (and, therefore, the Basket) or Reference Asset Constituent may fluctuate depending on the market(s) in which it operates. Market forces outside of our control could cause the value of a Reference Asset or Basket to perform unfavorably for holders of the notes under the terms of such notes specified in the applicable pricing supplement. The value of a Reference Asset or Basket can rise or fall sharply due to factors specific to that Reference Asset, a Basket Component or the Reference Asset Constituents, such as price volatility, earnings and financial conditions, corporate, industry and regulatory developments, management changes and decisions, and other events, and by general market factors, such as general equity or commodity market levels, interest rates and economic and political conditions. Recently, the coronavirus infection has caused volatility in the global financial markets and a slowdown in the global economy. Coronavirus or any other communicable disease or infection may adversely affect the applicable Reference Asset or Basket Components. We urge you to review financial and other information relating to each Reference Asset and Basket Component. If Your Notes Are Linked to a Basket, Changes in the Level of One or More Basket Components May Be Offset by Changes in the Level of One or More Other Basket Components. Your notes may be linked to a Basket. In such a case, a change in the levels of one or more Basket Components may not correlate with changes in the levels of one or more other Basket Components. The level of one or more Basket Components may increase, while the level of one or more other Basket Components may not PS-10 increase as much, or may even decrease. The opposite changes may occur in the case of bearish notes. Therefore, in determining the level of the Basket as of any time, increases (or, in the case of bearish notes, decreases) in the level of one Basket Component may be moderated, or wholly offset, by lesser increases or decreases (or, in the case of bearish notes, lesser decreases and increases) in the level of one or more other Basket Components. If the weightings of the applicable Basket Components are not equal, changes in the level of the Basket Components which are more heavily weighted could have a disproportionately adverse impact upon your notes