37.5  Costs Relating to a Refinancing

(a)  (Project Co to pay State's reasonable costs): Project Co must reimburse the State its costs (including legal and financial advisers' fees) reasonably incurred in relation to considering or consenting to a Refinancing.

(b)  (Estimate of costs): For the purposes of calculating any Refinancing Gain under this clause 37, Project Co may include in the Financial Model as a cost associated with the Refinancing an estimate of those costs of the State referred to in clause 37.5(a) to which the State has agreed.