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The question is in the title but an example sentence would be:

Every party must read the overarching obligations and sign a document ............

A wordy way to say it is: Every party must read the overarching obligations and sign a document indicating they have done so.

I feel like there must be a more formal way of stating it.

Would "to that nature" work?

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Every party must read the overarching obligations and sign a document to indicate assent.

Works well to convey the sense of formality you mentioned.

Assent

1) The expression of approval or agreement.

1.1) Official agreement or sanction.

(Oxford)

You could also use endorse:

Every party must read the overarching obligations and sign a document to endorse them.

Endorse

1) Declare one's public approval or support of.

‘the report was endorsed by the college’

(Oxford)

To that nature doesn't work as you haven't articulated a particular nature, just the act of having read the document.

1

How about something along the lines of signing to acknowledge:

All parties must sign this document acknowledging they have read the overarching obligations.

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