80.2  Share of Gain

80.2.1  The Authority shall be entitled to receive:

(a)  a fifty per cent (50%) share of any Refinancing Gain arising from a Qualifying Refinancing in respect of any Refinancing Gain up to (when considered in aggregate with all previous Qualifying Refinancings) a Refinancing Gain of one million pounds (£1,000,000);

(b)  a sixty per cent (60%) share of any further Refinancing Gain arising from a Qualifying Refinancing, in respect of any Refinancing Gain up to (when considered in aggregate with all previous Qualifying Refinancings) a Refinancing Gain of three million pounds (£3,000,000); and also

(c)  a seventy per cent (70%) share of any other Refinancing Gain arising from a Qualifying Refinancing.