Usually found in formal contracts, agreements or legal documents to reference previous points. The parties hereto have agreed to the terms stated above.
Pro Tip 2/3
Rarely Spoken
Not commonly used in everyday spoken English; more likely to appear in written form. See the clause attached hereto for details.
Pro Tip 3/3
Prior Reference
Refers back to something already mentioned in the text. It helps keep documents clear and concise. The obligations hereto are as stated in section two.