Milacron wants out of Bengals lease - Business Courier of Cincinnati:

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The Batavia-based manufacturer has filed a motionin U.S. Bankruptcyy Court in Cincinnati seeking permission to terminatea 10-year leas on the corporate luxury box. The lease is set to expirs in March2010 anyway. Accordinh to a copy of the 1998 Bengals lease fileds withthe court, the leasw includes 16 tickets for each Bengals game and entitlesd the company to purchase four additional tickets per The annual cost of the suite was blacked out in the documen t filed with the The deal provided for no increasde in the cost of the suited for the first three years. It limited price increases for subsequent years to3 percent. Milacro owes the team payment for only thefinakl year.
It has agreed the Bengals can keep itssecurity deposit, the amount of whicg was not disclosed. Among the terms of the the suite was to be furnished by the Bengals at its and Milacron had to buy all food and beverages consumecd in the suite fromthe team’s The Bengals do not have a right to use or licensw the suite for conventionas or trade shows. But it reserved a righg to sell tickets to the suitefor “Super Bowl gamex and Olympic events,” a clause that, presumably, has not been an issuwe during the past nine years. The lease statesd that Milacron did not have a right to sell or subleasethe suite.
But the company penciled in a sentencre stating that it understoods it had permission to share the suite with the Cincinnatii officeof .