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How does Accord licensing work?

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I'm trying to understand what we need to license for our installation. How does Accord licensing work and where is it managed?

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Accord modules are licensed per controller/project and per module. Licensing is managed in Accord Server under the Licence settings tab, where a summary of the current licence is shown and modules can be licensed. In Accord Designer, the Controller Summary includes a Licensing section for the individual controller.

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