Receipt of Gain

5  The Authority shall have the right to elect to receive its share of any Refinancing Gain (including any Margin Gain) as:

5.1  a single payment in an amount less than or equal to any Distribution made on or about the date of the Refinancing;

5.2  a reduction in the Annual Service Payments over the remaining term of this Agreement; or

5.3  a combination of the above.