I think the usage of the word "deploy" in the EULA is incorrect. The CF server doesn't deploy code, it serves it. Well certainly int he context they are using the term here.
To be very clear: the licence only applies to how the application server is used, it has no bearing whatsoever on how the source code (which is, after all, yours, not Adobe's) is created.
General practice is to develop & test code using a developer licence, then deploy it to a server with a full licence (be it standard or enterprise).
Make sense?
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Adam