After Updating License Manager/License to 2021 R1, all versions from 2020 R2 back to 17.0 won’t run
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If the License Manager and license file is updated to the Latest version (2021 R1), the a reset of the license preferences must be done. If not, earlier versions will receive license errors.
Go to the User License Preferences for your version and choose: "Reset to Default"
This should fix the issue.
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