...
The MIN_CHECKOUT directive holds licenses after they are checked in if the license was used for less than the specified minimum checkout time. For example, if you specify MIN_CHECKOUT=240 (4 minutes), and the license is used for 2 minutes, the license will be held for an additional 2 minutes after checkin.
In the same manner as the the HOLD directive described above, the server holds licenses after the client disconnects until the minimum checkout time has been reached. Valid values range from 1 to 31536000 seconds (1 year).
The MIN_CHECKOUT directive can be particularly useful when combined with host sharing, which is described in the the SHARE section below.
This directive can be used only with network licenses; accordingly, the COUNT directive must be set if MIN_CHECKOUT is set.