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Originally Posted by Siddhant Bhatia
I already possess Ultimate and HD ultimate and Perpetual licenses, why cant I cross use these iLoks?
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This makes no sense.
There are two kinds of licenses, Perpetual or Subscription. Perpetual are the ones that never expire, but you need to have active support and update plan to get new versions. Subscription is always current, but it will stop working once you stop paying.
PT Ultimate and PT HD is the same thing, different branding some years ago. The full version, compared to PT standard edition that many here call "vanilla".