Yes, this is correct! Each team is viewed as a collective group, which means that each seat's generation credit is pooled and shared together to be used for all projects created in the team workspace.
Example
Team A has 4 Pro plan seats, which has a total of 20 hours of generation credit available (5 hours generation credit x 4 seats). Between the team owner and 3 team members, they have 20 hours per month to use for their team projects.
Important information:
1. Team generation credit can only be used in the team's workspace.
2. Any member can use as many or as few generation credits as needed from the available credit.
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