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SQL Server License Transfer

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Well, I have a slightly different situation for license transfer that all the posts I've seen.  I have a client who has, in the past, outsourced their db servers.  The SQL server was installed under a license "owned" by the hosting company.  Now, the hosting company wants their license back. The client has a license to use, but I don't know how to "transfer" the newly purchased license to this existing SQL Server installation.  We are not decommissioning the server; it's staying put.  What are my options? And, I really don't consider rebuilding the DB server instance an option.

Thanks in advance,

Greg


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