Yes, storage limits are set based on the type and number of licenses an organization has purchased:
For each Meeting license: The organization gets 5 GB of storage.
For each Webinar license: The organization gets 10 GB of storage.
If an organization has three Meeting licenses and three Webinar licenses, the total available storage will be:
(3 x 5 GB) + (3 x 10 GB) = 45 GB total storage.
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