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"The Parties understand and agree that Manager or an Affiliate thereof, in the performance of the Services, may incur accounts receivable in connection with the management of Properties hereunder or under the <strong>Contract Operating Agreement</strong> or Related Contract, to the extent Company has operations thereon and non-working interest owners are billed with respect thereto.", "It is understood and agreed by Company that certain of the Services may be provided directly or indirectly by other Persons, including SOG pursuant to the <strong>Contract Operating Agreement</strong> or otherwise.", "Notwithstanding the foregoing, a Management Fee shall be payable hereunder for all such Services, to the extent that such payment is not duplicative of any payments made under the <strong>Contract Operating Agreement</strong>, License Agreement or a Related Contract, but subject in all cases to Manager\u2019s right to charge the Administrative Fee for all such Services (to the extent performed by SOG), including, without limitation, those performed under the <strong>Contract Operating Agreement</strong> or other Related Contracts.", "Manager will arrange and maintain insurance policies (other than directors and officers liability insurance policies), subject to the terms hereof and, if applicable, the <strong>Contract Operating Agreement</strong>.", "Unless otherwise defined in this <strong>Contract Operating Agreement</strong>, capitalized terms used herein have the meanings given to such terms below.", "To the extent costs and expenses described under Section II 3 and II 4 of \u2587\u2587\u2587\u2587\u2587 and any overhead charges described under Section III of \u2587\u2587\u2587\u2587\u2587 have been allocated to Company or any Subsidiary under \u2587\u2587\u2587\u2587\u2587 and paid by Company pursuant to the terms of the <strong>Contract Operating Agreement</strong>, Manager shall credit such amounts to Company against the Management Fee, but such amounts shall be subject to the Administrative Fee.", "As of the Effective Date, STO will begin overseeing daily operations, in the name of, on behalf of, and for the benefit of Sonterra, by providing Operating Services and Accounting Services for the Operated Properties as an independent contractor acting in the role of Contract Operator, subject to the terms, conditions, and limitations set forth in this <strong>Contract Operating Agreement</strong> (as the context indicates, individually or collectively, the \u201cOperating Services\u201d, \u201cAccounting Services\u201d, or the \u201cServices\u201d).", "The initial contract operator will be SES (the \u201cInitial Contract Operator\u201d), The initial <strong>Contract Operating Agreement</strong> entered into by SES shall be with \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 Petroleum, Inc.", "Notwithstanding anything stated herein to the contrary in this Agreement, each Owner (other than Seminole) commits to pay and reimburse the 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