Osler, Hoskin & Harcourt LLP Letterhead]Banknorth Delaware Inc. • November 16th, 2004 • State commercial banks
We have acted as counsel to The Toronto-Dominion Bank, a corporation chartered under the Bank Act (Canada) (the “Company”), in connection with the Registration Statement on Form F-4 (the “Registration Statement”) (Registration No. 333-119517/119519) filed by the Company with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended, relating to the migratory merger and the acquisition merger (collectively, the “Mergers”) contemplated by the Amended and Restated Agreement and Plan of Merger dated as of August 25, 2004 (the “Merger Agreement”) among the Company, Berlin Merger Co., a Delaware corporation and direct wholly-owned subsidiary of the Company (“TD Merger Sub”), Banknorth Group, Inc., a Maine corporation (“Banknorth”), and Berlin Delaware Inc., a Delaware corporation and direct wholly-owned subsidiary of Banknorth (“Banknorth Delaware”). This opinion is being delivered in connection with the Registration Statement, to which this opini
Re: Amended and Restated Agreement and Plan of Merger dated as of August 25, 2004 among The Toronto-Dominion Bank, Berlin Merger Co., Banknorth Group Inc. and Banknorth Delaware Inc.Banknorth Delaware Inc. • November 16th, 2004 • State commercial banks
We have acted as counsel to The Toronto-Dominion Bank (“TD”), a Canadian bank chartered under the Bank Act (Canada) in connection with the Registration Statement on Form S-4/F-4 (the “Registration Statement”) (Registration No. 333-119519) filed by Banknorth Delaware Inc. (“Banknorth Delaware”) and TD with the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended, relating to the proposed issuance by TD of common shares (the “Shares”), in connection with the migratory merger and the acquisition merger (collectively, the “Mergers”) contemplated by the Amended and Restated Agreement and Plan of Merger dated as of August 25, 2004 among TD, Berlin Merger Co., a Delaware corporation and a wholly-owned subsidiary of TD, Banknorth Group, Inc, a Maine corporation (“Banknorth”), and Banknorth Delaware, a Delaware corporation and wholly-owned subsidiary of Banknorth (the “Merger Agreement”). Upon consummation of the Mergers, each shareholder of Banknor
