… directly or indirectly, 50% or more of the Private Capital of the SBIC (as defined in 13 CFR §107.230), (iii) … directly or indirectly, 50% or more of the Private Capital of the SBIC, (iv) each person, in his/her individual … directly or indirectly, 10% or more of the Private Capital of the SBIC and will participate in investment …