| | (1)__As used in this section, unless the context otherwise | indicates, the following terms have the following meanings. |
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| (a)__"Purchase-money collateral" means goods or software | that secures a purchase-money obligation incurred with | respect to that collateral; and |
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| (b)__"Purchase-money obligation" means an obligation of an | obligor incurred as all or part of the price of the | collateral or for value given to enable the debtor to | acquire rights in or the use of the collateral if the value | is in fact so used. |
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| | (2)__A security interest in goods is a purchase-money security | interest: |
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| (a)__To the extent that the goods are purchase-money | collateral with respect to that security interest; |
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| (b)__If the security interest is in inventory that is or was | purchase-money collateral, also to the extent that the | security interest secures a purchase-money obligation | incurred with respect to other inventory in which the | secured party holds or held a purchase-money security | interest; and |
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| (c)__Also to the extent that the security interest secures a | purchase-money obligation incurred with respect to software | in which the secured party holds or held a purchase-money | security interest. |
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| | (3)__A security interest in software is a purchase-money | security interest to the extent that the security interest also | secures a purchase-money obligation incurred with respect to | goods in which the secured party holds or held a purchase-money | security interest if: |
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| (a)__The debtor acquired its interest in the software in an | integrated transaction in which it acquired an interest in | the goods; and |
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| (b)__The debtor acquired its interest in the software for | the principal purpose of using the software in the goods. |
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| | (4)__The security interest of a consignor in goods that are | the subject of a consignment is a purchase-money security | interest in inventory. |
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| | (5)__In a transaction other than a consumer-goods transaction, | if the extent to which a security interest is a |
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