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Web Hosting and Cloud Computing Control Panels
Howdy,
Sure! It's no problem to transfer your license to another server. You can have both active while performing the migration to the new server.
You can do that any time you like, and the license on the old server will expire on it's own after a few days of not being used.
In case you need it, there are instructions here for migrating Virtualmin from one server to another:
https://www.virtualmin.com/documentation/system/migrate
-Eric