one or more sums payable in the future, discounted to the date certain. The discount is determined by the interest rate specified by the parties if the rate was not manifestly unreasonable at the time the transaction was entered into; otherwise, the discount is determined by a commercially reasonable rate that takes into account the facts and circumstances of each case at the time the transaction was entered into.
(v) "Purchase" includes taking by sale, lease, mortgage, security interest, pledge, gift, or any other voluntary transaction creating an interest in goods.
(w) "Sublease" means a lease of goods the right to possession and use of which was acquired by the lessor as a lessee under an existing lease.
(x) "Supplier" means a person from whom a lessor buys or leases goods to be leased under a finance lease.
(y) "Supply contract" means a contract under which a lessor buys or leases goods to be leased.
(z) "Termination" occurs when either party pursuant to a power created by agreement or law puts an end to the lease contract otherwise than for default.
(2) Other definitions applying to this article and the sections in which they appear are:
"Accessions," K.S.A. 84-2a-310(1), and amendments thereto;
"Construction mortgage," K.S.A. 84-2a-309(1)(d), and amendments thereto;
"Encumbrance," K.S.A. 84-2a-309(1)(e), and amendments thereto;
"Fixtures," K.S.A. 84-2a-309(1)(a), and amendments thereto;
"Fixture filing," K.S.A. 84-2a-309(1)(b), and amendments thereto; and
"Purchase money lease," K.S.A. 84-2a-309(1)(c), and amendments thereto.
(3) The following definitions in other articles apply to this article:
"Account," K.S.A. 2010 Supp. 84-9-102, and amendments thereto;
"Between merchants," K.S.A. 84-2-104(3), and amendments thereto;
"Buyer," K.S.A. 84-2-103(1)(a), and amendments thereto;
"Chattel paper," K.S.A. 2010 Supp. 84-9-102(a)(11), and amendments thereto;
"Consumer goods," K.S.A. 2010 Supp. 84-9-102(a)(23), and amendments thereto;
"Document," K.S.A. 2010 Supp. 84-9-102(a)(30), and amendments thereto;
"Entrusting," K.S.A. 84-2-403(3), and amendments thereto;
"General intangible," K.S.A. 2010 Supp. 84-9-102(a)(42), and amendments thereto;
"Instrument," K.S.A. 2010 Supp. 84-9-102(a)(47), and amendments thereto;
"Merchant," K.S.A. 84-2-104(1), and amendments thereto;
"Mortgage," K.S.A. 2010 Supp. 84-9-102(a)(55), and amendments thereto;
"Pursuant to commitment," K.S.A. 2010 Supp. 84-9-102(a)(68), and amendments thereto;
"Receipt," K.S.A. 84-2-103(1)(c), and amendments thereto;
"Sale," K.S.A. 84-2-106(1), and amendments thereto;
"Sale on approval," K.S.A. 84-2-326, and amendments thereto;
"Sale or return," K.S.A. 84-2-326, and amendments thereto; and
"Seller," K.S.A. 84-2-103(1)(d), and amendments thereto.
(4) In addition, article 1 of chapter 84 of the Kansas Statutes Annotated, and amendments thereto, contains general definitions and principles of construction and interpretation applicable throughout this article.
84-2a-104 Leases subject to other law.
84-2a-104. Leases subject to other law. (1) A lease, although subject to this article, is also subject to any applicable:
(a) Certificate of title statute of this state: (List any certificate of title statutes covering automobiles, trailers, mobile homes, boats and the like);
(b) certificate of title statute of another jurisdiction (K.S.A. 84-2a-105, and amendments thereto); or
(c) consumer protection statute of this state, or final consumer protection decision of a court of this state existing on the effective date of this article.
(2) In case of conflict