I don't want my application to be executed unless a valid license key is present. How can I do that?

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I don't want my application to be executed unless a valid license key is present. How can I do that?

This can be done using the "Application only runs when registered" option (in the Registration panel).

 

If there is not a license and you run the protected application, WinLicense will display the customized dialog MSG_ID_LICENSE_REQUIRED_RUN (in the Customized Dialog panel)