Zynex definition

Zynex or the “Company”) enter into this Non-Prosecution Agreement (“Agreement”). The Company agrees to certain terms and obligations as set forth below.
View Source
Zynex has the meaning set forth in the preamble of this Agreement.
View Source

Examples of Zynex in a sentence

  • Zynex may prepay the Criminal Monetary Payment, in whole or in part, at any time without premium or penalty.

  • Since August 2025, Zynex has undertaken a comprehensive, aggressive, and measurable overhaul of its operational, regulatory, billing, and governance systems to address historical compliance gaps and to align the Company with Federal healthcare program requirements, including Medicare, Medicaid, TRICARE, and commercial payer standards.

  • The Consortium Members are lenders that entered into a debtor-in-possession credit agreement with Zynex in connection with Zynex’s bankruptcy proceedings.

  • If Zynex prepays the Criminal Monetary Payment in its entirety, the Restrictive Covenants in Paragraph 9 of the Agreement shall expire, except for the specified covenant addressing reinstatement of former officers and directors in Paragraph 9(c), which shall remain for the Term of the Agreement.

  • Zynex shall pay an “Applicable Annual Amount” in equal “Applicable Quarterly Amounts” based on Zynex’s EBITDA performance for its 2028 fiscal year, as determined by Zynex’s year-end audit.

  • The Zynex Director of Compliance’s role is designed to ensure adequate autonomy from management and to have sufficient resources, authority, and support from senior leadership to maintain such autonomy.