Follow the following procedures to update the key license
Go to ‘Start’ and type the keyword 'FlexNET'. The following application, shown below must be selected to open the FlexNET License Server.
On the LMTools GUI, go to the ‘Config Services’ tab and click ‘Browse’ next to the 'Path to the license file', then source and open the new license file.
On the ‘Start/Stop/Reread’ tab, click the ‘ReRead License File’. The license server will now recognize the new license key.

