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This directive can be used only with network licenses; accordingly, the the COUNT directive must be set if GRACE is set.
Usage and recommendations
Grace licenses allow users to continue working with an application when the license server goes down. In emergency situations, when no one is available to restart the license server, a time-limited grace license lets the user continue to run the feature. Note that the grace license is available only for the currently logged-in user of the client machine.
Grace licenses work very similarly to license borrowing, described in BORROW. A temporary license is written at the client side upon each successful license checkout from a license server. This license is written in an inactivated state, so it does not have a fixed expiration date set.
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