; or (ii) $200,000,000. (4) Commitment process Commitments by the Administration to purchase bonds under the facility shall remain available to be sold by a participating investment company until the end of the fourth fiscal year following the year in which the commitment is made, subject to review and approval by the Administration based on regulatory compliance, financial status, change in management, deviation from business plan, and such other limitations as may be determined by the Administration by regulation or otherwise. (5) Commitment conditions (A) In general As a condition of receiving a commitment under the facility, not less than 50 percent of amounts invested by the participating investment company shall be invested in eligible small business concerns. (B) Examinations In addition to the matters set forth in section 310(c), the Administration shall examine each participating investment company in such detail so as to determine whether the participating investment company has complied with the requirements under this subsection. (f) Distributions and fees (1) Distribution requirements (A) Distributions As a condition of receiving a commitment under the facility, a participating investment company shall make all distributions to the Administrator in the same form and in a manner as are made to investors, or otherwise at a time and in a manner consistent with regulations or policies of the Administration. (B) Allocations A participating investment company shall make allocations of income, gain, loss, deduction, and credit to the Administrator with respect to any outstanding bonds as if the Administrator were an investor. (2) Fees The Administrator may not charge fees for participating investment companies other than examination fees that are consistent with the license of the participating investment company. (3) Bifurcation Losses on bonds issued by participating investment companies shall not be offset by fees or any other charges on debenture small business investment companies. (g) Protégé program