It is referenced in the name of a pornographic dwarven magazine from the 3D remake of Final Fantasy IV. The magazine, called Lustful Lali-Ho, is needed to obtain the Reach Augment. It is found in the Dwarven Castle. The protagonist, Cecil Harvey is quite fond of it.
Lali-ho may derive from the phrase "tally-ho." Tally-ho" is a British phrase used in foxhunting and is shouted when a hunter spots a fox."
It may also be a reference to the call to action of Hanna Barbera's The Impossibles, Rally-ho. The phrase has been referenced in the sleep spell in Dragon Quest, only to be romanized as Lali-ho. From there it entered other pop culture works, including Mannish Boy and his sleep-affecting Stand Death Thirteen's catchphrase in JoJo's Bizarre Adventure, as well as the lyrics to the sleeping song in Seto no Hanayome.