37.5  Receipt of Gain

The Authority shall have the right to elect to receive its share of any Refinancing Gain as either:

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

(b)  a reduction in the Unitary Charge over the remainder of the Contract Period; or

(c)  a combination of the choices in clauses 37.5.1 (Receipt of Gain) and 37.5.2 (Receipt of Gain).