Okla. Stat. tit. 12A, § 12A-2A-209: Lessee Under Finance Lease as Beneficiary of Supply

Contract.

LESSEE UNDER FINANCE LEASE AS BENEFICIARY OF SUPPLY CONTRACT

(1) The benefit of the supplier's promises to the lessor under

the supply contract and of all warranties, whether express or

implied, including those of any third party provided in connection

with or as part of the supply contract, extends to the lessee to the

extent of the lessee's leasehold interest under a finance lease

related to the supply contract, but is subject to the terms of the

warranty and of the supply contract and all defenses or claims

arising therefrom.

(2) The extension of the benefit of a supplier's promises and

of warranties to the lessee (subsection (1) of this section) does

not:

(i) modify the rights and obligations of the parties to

the supply contract, whether arising therefrom or

otherwise, or

(ii) impose any duty or liability under the supply contract

on the lessee.

(3) Any modification or rescission of the supply contract by

the supplier and the lessor is effective between the supplier and

the lessee unless, before the modification or rescission, the

supplier has received notice that the lessee has entered into a

finance lease related to the supply contract. If the modification

or rescission is effective between the supplier and the lessee, the

lessor is deemed to have assumed, in addition to the obligations of

the lessor to the lessee under the lease contract, promises of the

supplier to the lessor and warranties that were so modified or

rescinded as they existed and were available to the lessee before

modification or rescission.

(4) In addition to the extension of the benefit of the

supplier's promises and of warranties to the lessee under subsection

(1) of this section, the lessee retains all rights that the lessee

may have against the supplier which arise from an agreement between

the lessee and the supplier or under other law.