I posted an answer but for some reason it didn’t show up … so here it is again.
I received a reply from iLok ot my support ticket. They recommended the following … this is for Windows.
1. Go to Services > right click PACE License Services > choose Stop to turn the service off
2. Go to Program DataPACEEden > delete or remove all .sbd files
3. Go to Services > right click PACE License Services > choose Start to turn the service on
I did these 3 steps and rebooted.
Next I clicked on an iLok protected item that was previously blocked and a window popped up that was titled Updating License Storage.
After that all of my iLok protected items were working.Show More...
None of my license uses were incremented as a result of the process.