Institutional financing definition
Institutional financing means a part of financing a work under a method of financing works prescribed from time to time either wholly or partly;
Institutional financing means the issuance and sale by the Company of equity securities, including securities convertible into or exercisable for the Company’s equity securities, on an underwritten or “best efforts” basis, in a private placement or pursuant to a registration statement under the Act, to (i) new and/or existing venture capital, institutional and/or accredited investors, (ii) new and/or existing venture capital, institutional and/or accredited lenders and/or equipment lessors, or (iii) to corporate and/or strategic partners and/or collaborators in connection with a bona fide strategic relationship with the Company.”