12.1  Senior Funder's Warranty and Undertaking

The Senior Funder represents and warrants to and undertakes to each of the Authority, the Services Contractor and that the Senior Funder is duly authorised by each of the Funders to assume the obligations expressed to be assumed by them under this Agreement and to undertake on behalf of each Funder in the terms of this Agreement so as to bind each Funder as if it were a party.