Error 50005 - License Activation Failed - Initialization of API failed

Tekla Structures 2026 - 2018 Error 50005 - Initialization of API failed license activation failed
Environment
Not environment-specific
Case       : Error (50005) License Activation Failed – Initialization of API Failed
Problem :
The activated licenses are not visible and it is not possible to activate new licenses.
Solution :

1.  Login with Administrator Rights.
2.  Close License Administration Tool.
3.  Stop Tekla Structures license server and other license servers on the same computer on LMTOOLS>>>Start/Stop/Reread tab.
4.  Go to ....\TeklaStructures\License\Server folder
5.  Double click installanchorservice.exe.
6.  Reread Tekla Structures license server on LMTOOLS>>>Start/Stop/Reread tab.
7.  Start again License Administration Tool, and this message shall not be displayed anymore.
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