If running on a Windows 7 era or later operating system make sure to right-click on setup.exe and select Run as Administrator
Register the licenses on the new hardware:
Launch Terra License Server.
Select File->Server Information.
Click “Open Web”
Enter the appropriate information to complete your registration.
For Reason of Registration choose the option: Move Licenses to another server
For Licenses to Register choose the option: Register all our licenses to this server OR Register only licenses entered below to this server AND list the applicable serial numbers, invoice number, or old server/computer name