As per License Files for Upgrade Installations  try the following to install an updated license file:

1. Download the license file and save it locally on your Admin server.
2. If the Admin server is running, stop it by doing the following:
   1. Open a Command Prompt window, and change to the Admin installation directory.
   2. Type the command: flexnet stop
3. Delete the old license file by doing the following:
   1. In a file explorer, navigate to the following location:

       

      <installation_dir>\config\license
   2. Delete the old license file.
4. Import the new license file using the Configurator by doing the following:
   1.  At the command line, type: flexnet site
   2. In the License File Path setting, navigate to the new license file.
5. Repeat Step 2 through Step 4 for the Reporting server.