Can anyone explain what 'seats' are in regards to JUCE licenses?

I’m considering buying a license but I’m new to this model. Why would anyone purchase multiple seats? From what I understand all of the licenses are limited by revenue, so does that mean for each seat you can earn up to $500k (for the indie.)

A licence “seat” covers one developer working on code that utilises JUCE, therefore you will require as many seats as there are developers. The revenue limit determines the licence tier that you fall under and is based on total revenue and funding of the company, it is not per seat.

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