Install the licence key
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To install your licence key, from the application menu, select Help -> Licence
You will then see a window that looks like this:

Click on the Install licence key... button and you'll see this window.

Enter the name of your organisation name and the licence key as detailed in your notification email and click OK. Your licence information will then be validated.
Once this validation completes successfully, your application is fully licensed and ready to use.
You now need to set up and activate users.