private capital

(A)The term “private capital” means the total of— (ii)unfunded binding commitments from investors that meet criteria established by the Secretary to contribute capital to the rural business investment company, except that— (I)unfunded commitments may be counted as private capital for purposes of approval by the Secretary of any request for leverage; but (II)leverage shall not be funded based on the commitments.


7 USC § 2009cc(11)(A)

Scoping language

In this subchapter
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