26The Court has stated that the requirement of transparency of contractual terms, as resulting from those provisions, must be construed broadly and that it cannot be reduced merely to those terms being formally and grammatically intelligible. That requirement requires that an average consumer, who is reasonably well informed and reasonably observant and circumspect, is in a position to understand the specific functioning of that term and thus evaluate, on the basis of clear, intelligible criteria, the potentially significant economic consequences of such a term for his or her financial obligations (see, to that effect, judgments of 10 June 2021, BNP Paribas Personal Finance, C‑609/19, EU:C:2021:469, paragraphs 42 and 43, and of 10 June 2021, BNP Paribas Personal Finance, C‑776/19 to C‑782/19, EU:C:2021:470, paragraphs 63 and 64 and the case-law cited).
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