When reading legal documents, it`s common to come across words that you may not be familiar with. These words can often be confusing and may impact the overall meaning of the document. One such word that you may encounter in a contract is “hereunder.” So, what exactly does “hereunder” mean in a contract?

“Hereunder” is a technical term that appears in legal documents to indicate that the information or provisions being referred to can be found in the same document or agreement that the word appears in. It is a compound word made up of “here” and “under.”

In a contract, “hereunder” is often used to refer to a specific section or subsection of the document. For example, a sentence may read, “The parties agree to the terms and conditions set forth hereunder in Section 3.” This means that the terms and conditions being referred to are located in Section 3 of the contract.

The use of “hereunder” serves as a helpful reference point for readers to easily locate the information they are looking for within the contract. It also helps to make the language of the contract more concise and efficient.

It`s important to note that “hereunder” is not a commonly used term outside of legal language and should not be used in everyday conversation or writing. Its use is specific to legal documents and should be used appropriately within that context.

In conclusion, if you come across the term “hereunder” in a contract, it`s simply indicating that the information being referred to can be found within the same document. Understanding this technical term can make reading legal documents a little less daunting and help ensure that you are fully aware of the provisions outlined in the contract.