Company: TDBCP
Filing Date: 2025-02-26
Form Type: 424B3
Source: 0001140361-25-006064
Chunk: 27

Company: TORONTO DOMINION BANK
Filing Date: 2025-02-26
Form: 424B3
Chunk 27
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uance of trading on the applicable exchanges or markets in any Basket Component may adversely affect the market value of, and return on, the notes. Change in Law Event If a change in law event occurs with respect to the Reference Asset then, on and after the change date (as defined below), the Calculation Agent may take the actions for such Reference Asset and/or make any other determinations in the manner described herein under “General Terms of the Notes — Unavailability of the Level of, or Change in Law Event Affecting, the Reference Asset; Modification to Method of Calculation”. A “change in law event” will occur if, due to (A) the adoption of or any change in any applicable law, regulation or order (including, for the avoidance of doubt and without limitation, adoption or promulgation of new regulations authorized or mandated by existing statute) or (B) the promulgation of or any change, announcement or statement of the formal or informal interpretation by any court, tribunal, regulatory or executive authority with competent jurisdiction of any applicable law, regulation or order, the direct or indirect sale, purchase, beneficial ownership, holding, or transfer of, or any other transaction or other dealing related to, such Reference Asset or a Reference Asset Constituent by any class of eligible potential purchasers of the notes, TD or any affiliate is prohibited or, after giving effect to any applicable liquidation, unwind or cure period, will be prohibited (such applicable date, the “change date”). Market Disruption Events Market Disruption Events for Notes with a Single Valuation Date If the Final Level will be determined on a single Valuation Date and a market disruption event occurs or is continuing on that date with respect to a Reference Asset, the Final Level of the affected Reference Asset will equal its closing level on the first trading day following the Valuation Date on which the Calculation Agent determines that a market disruption event has not occurred and is not continuing with respect to such Reference Asset. If a market disruption event occurs or is continuing on each trading day to and including the eighth trading day following the Valuation Date, that day will nevertheless be the Valuation Date and the Calculation Agent will estimate the Final Level that would have prevailed in the absence of the market disruption event. If the Valuation Date is postponed due to a market disruption event, the Calculation Agent will also postpone the Maturity Date to maintain the same number of Business Days between the Valuation Date, as postponed, and the Maturity Date as originally existed. PS-23 Market Disruption Events for Notes with