Clarification on whether videos containing music from the Audio Library can be monetized outside of YouTube (this isn't really clear since they only mention YouTube monetization specifically).
Clarification on whether music from the Audio Library can be used in videos/content distributed outside of Youtube (it seems to be implied that you can distribute outside of YouTube, but it's not stated explicitly).
You cannot use the music from the Audio Library in any illegal manner or in association with illegal content.
You cannot re-distribute standalone copies of music from the Audio Library on their own (the music has to be incorporated into your content).
You may use music from the Audio Library 'in videos that you monetize on YouTube'.
You may use music from the Audio Library 'in videos and other content that you create'.