This is not getting clearer. No Avid dealer should be giving or selling you an iLok asset for Pro Tools HD without selling you HD hardware. Why not ask that dealer exactly where to get the software you are after?
Pro Tools HD 8 is useless to you without at least an Avid HD PCIx or PCIe core card installed in your computer and a corresponding digilink interface (like a Digi 192 IO). Pro tools HD8 will not work with an Mbox2 so I cannot follow your description where it sounds like the store was running an Mbox2 with a HD 8 iLok asset. They can of course have the iLok plugged into any computer running Pro Tools LE, that won't affect Pro Tools LE since LE uses the interface (Mbox) for licensing. That iLok might also contain plugin assets (maybe the factory assets) that are for the "LE" (RTAS) plugins which will authorize plugins with that version of Pro Tools. But if it's an Mbox you always install the Pro Tools 8 LE not HD software. Things change with Pro Tools 9 and later.
I cannot follow your description of what you have. Factory is a name of a product bundle including extra plug-ins, the iLok might contain a factory bungle of license assets, but you almost seem to be using factory as a synonym for iLok. What exactly are the assets that show up when you view (synchronize) your iLoks on iLok.com Cut and past that info here.
Darryl
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