Company: SNPS
Filing Date: 2025-03-05
Form Type: 424B5
Source: 0001140361-25-007235
Chunk: 67

Company: SYNOPSYS INC
Filing Date: 2025-03-05
Form: 424B5
Chunk 67
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, statutory obligations, customs duty, trade tax, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business and (ii) letters of credit, bank guarantees or similar instruments issued for the account of Synopsys or any Subsidiary; |

| (5) | easements, rights-of-way, restrictions and other similar encumbrances incurred in the ordinary course of business that, in the aggregate, are not substantial in amount and that do not in any case materially detract from the value of the property subject thereto or materially interfere with the ordinary conduct of the business of Synopsys or any of its Subsidiaries; |

| (6) | any interest or title of a lessor under any lease, license, sublease or sublicense entered into by Synopsys or any Subsidiary in the ordinary course of its business and other statutory and common law landlords’ Liens under leases; |

| (7) | any Lien existing on any property or asset prior to the acquisition thereof by Synopsys or any Subsidiary or existing on any property or asset of any Person that becomes a Subsidiary prior to the time such Person becomes a Subsidiary;providedthat (i) such Lien is not created in contemplation of or in connection with such acquisition or such Person becoming a Subsidiary, as the case may be, (ii) such Lien shall not apply to any other property or assets of Synopsys or any Subsidiary and (iii) such Lien shall secure only those obligations which it secures on the date of such acquisition or the date such Person becomes a Subsidiary, as the case may be, and extensions, renewals and replacements thereof that do not increase the outstanding principal amount thereof; |

| (8) | Liens encumbering property or assets under construction (and proceeds or products thereof) arising from progress or partial payments by a customer of Synopsys or its Subsidiaries relating to such property or assets; |

| (9) | bankers’ Liens, rights of setoff and other similar Liens existing solely with respect to cash and cash equivalents or other securities on deposit in one or more accounts maintained by Synopsys or any Subsidiary, in each case granted in the ordinary course of business in favor of the banks, securities intermediaries or other depository institutions with which such accounts are maintained, securing amounts owing to