COD Payment Amount definition
COD Payment Amount means, for each Designated Company Interest, an amount equal to one hundred percent (100%) of the Base Purchase Price (calculated as of the COD Payment Date), as adjusted pursuant to Section 2.3(a), less the sum of (i) the Closing Date Payment Amount, (ii) the Development Tasks Milestone Payment Amount, and (iii) the NTP Payment Amount previously paid for such Designated Company Interest.