Promptly, but no later than five (5) Business Days following the date of receipt by any Loan Party or any of its Subsidiaries, or Administrative Agent as loss payee or lenders loss payee, of any Net Insurance/Condemnation Proceeds (or on the 181 st day if the first proviso hereto applies) in excess of (A) $250,000 in the aggregate received in any fiscal year through the applicable date of determination with respect to any loss covered by a casualty insurance policy and (B) $500,000 with respect to any transaction or series of related transactions and less than $1,000,000 in the aggregate during any fiscal year with respect to any sales or other Dispositions as a result of the taking of any assets of any Loan Party or any of its Subsidiaries by any Person pursuant to the power of eminent domain, condemnation or otherwise, or pursuant to a sale of any such assets to a purchaser with such power under threat of such a taking, Borrower shall prepay (and/or cash collateralize) the Obligations as set forth in Section 2.15 in an aggregate amount equal to such excess; provide d that so long as no Default or Event of Default shall have occurred and be continuing, upon delivery of a written notice to Administrative Agent, Borrower shall have the option, directly or through one (1) or more of their Subsidiaries to invest such Net Insurance/Condemnation Proceeds within one hundred eighty (180) days of receipt thereof in assets used or useful in the business of the Loan Parties (other than Parent), which investment may include the repair, restoration or replacement of the applicable assets thereof; provided, further , pending any such investment, all such Net Insurance/Condemnation Proceeds shall be invested in Cash or Cash Equivalents and deposited in an account at EWB and held therein until such time as such Net Insurance/Condemnation Proceeds are applied in payment of such investment. In the event that any Net Insurance/Condemnation Proceeds are not reinvested by the Loan Parties prior to the earlier of (i) the last day of such one hundred eighty (180) day period, and (ii)   the date of the occurrence of a Default or an Event of Default, Administrative Agent shall apply such Net Insurance/Condemnation Proceeds to the Obligations as set forth in Section 2.15.