§ 331. Definitions. In this article, unless the context or subject\nmatter otherwise requires:\n 1. "Motor vehicle" or "vehicle" means any device propelled or drawn by\nany power other than muscular power, upon or by which any person or\nproperty is or may be transported or drawn upon a public highway, road\nor street. The term does not include a "snowmobile" as defined in\nsubdivision three of section 21.05 of the parks, recreation and historic\npreservation law or other vehicles not designed primarily for highway\ntransportation, but which may incidentally transport persons or property\non a public highway.\n 2. "Retail lessee" or "lessee" means a natural person who leases a\nmotor vehicle from a retail lessor primarily for personal, family or\nhousehold use and who executes a retail lease agreement in connection\ntherewith. For purposes of section three hundred thirty-four and\nsubdivisions two and three of section three hundred forty-six of this\narticle, the term also includes a person who makes a payment to a lessor\nor leaves his vehicle with a lessor pending the execution of a retail\nlease agreement. Except as provided in sections three hundred\nforty-eight and three hundred forty-nine of this article, the term does\nnot include a person who leases a motor vehicle primarily for\nagricultural, business or commercial use or for the purpose of\nsubleasing.\n 3. "Retail lessor" or "lessor" means a person regularly engaged in the\nbusiness of leasing or selling motor vehicles who leases a motor vehicle\nto a retail lessee under or subject to a retail lease agreement.\n 4. "Retail lease" or "lease" means a transfer from a retail lessor to\na retail lessee of the right to possession and use of a motor vehicle in\nreturn for consideration. The term does not include a sale, including a\nsale on approval or a sale or return, a retail instalment sale as\ndefined in article nine of this chapter or the retention or creation of\na security interest in a motor vehicle.\n 5. "Retail lease agreement" or "agreement" means an agreement, entered\ninto in this state, for the lease of a motor vehicle, and which may\ninclude the purchase of goods or services incidental thereto, by a\nretail lessee for a scheduled term exceeding four months, whether or not\nthe lessee has the option to purchase or otherwise become the owner of\nthe vehicle at the expiration of the agreement. The term includes such\nan agreement wherever entered into if executed by the lessee in this\nstate and if solicited in person by a person acting on his own behalf or\nthat of the lessor. The term does not include a retail instalment\ncontract or a rental-purchase agreement as defined in articles nine and\neleven of this chapter. An agreement that substantially complies with\nthis article does not create a security interest in a motor vehicle as\nthe term "security interest" is defined in paragraph thirty-five of\nsubsection (b) of section 1--201 of the uniform commercial code.\n 6. "Additional early termination charge" means the initial dollar\namount of the early termination charge the portion of which is\nrecoverable by the holder upon early termination in addition to the\namounts specified in paragraphs (a) through (e) of subdivision one of\nsection three hundred forty-one of this article. The additional early\ntermination charge may only include amounts which are reasonable in\nlight of the anticipated or actual harm caused by the delinquency,\ndefault or early termination, the difficulties of proof of loss and the\ninconvenience or nonfeasibility of otherwise obtaining an adequate\nremedy. Any fees or charges included in the additional early termination\ncharge may not also be included in the capitalized cost.\n * 7. "Initial early termination charge" means the sum of the adjusted\ninitial lease value and the additional early termination charge, which\nwould be recoverable under the lease agreement if the agreement were to\nbe terminated before any of the
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