Oregon Contract for the International Sale of Goods with Purchase Money Security Interest (MSSI) is a legal agreement designed to govern the sale of goods internationally while providing buyers with a form of financial security. It is based on the principles of the United Nations Convention on Contracts for the International Sale of Goods (CSG) and the Uniform Commercial Code- Article 9 (UCC-9) pertaining to secured transactions. The Oregon Contract for the International Sale of Goods with MSSI establishes the terms and conditions of the sale, including the description of goods, price, payment terms, and delivery terms. It ensures that both the buyer and the seller understand their obligations and rights throughout the transaction process. When it comes to different types of Oregon Contracts for the International Sale of Goods with MSSI, there are several variations: 1. Basic Oregon Contract for the International Sale of Goods with MSSI: This is the standard contract template that covers the essential elements of the international sale agreement, including the provision for a purchase money security interest. 2. Oregon Contract for the International Sale of Goods with MSSI and Extended Warranty: This variation includes provisions for an extended warranty, ensuring that the buyer will receive additional coverage beyond the standard warranty period. 3. Oregon Contract for the International Sale of Goods with MSSI and Consignment Agreement: This type of contract involves consignment of goods, where the seller retains legal ownership until the buyer pays the purchase price or fulfills other agreed-upon payment obligations. 4. Oregon Contract for the International Sale of Goods with MSSI and Installment Payments: In this type of contract, the purchase price is divided into installments, and the seller retains a security interest in the goods until all payments have been made. 5. Oregon Contract for the International Sale of Goods with MSSI and Bulk Sale/Transfer: This contract variation is applicable when a significant quantity of goods is being sold, often involving businesses or bulk purchasers. The Oregon Contract for the International Sale of Goods with MSSI safeguards the interests of both parties by providing a clear framework for the sale and ensuring security through the establishment of a purchase money security interest. This interest allows the seller to retain rights to the goods sold until the buyer fulfills their payment obligations. It is vital for parties engaging in international sales transactions to consult with legal professionals to ensure compliance with relevant laws and regulations.