All SySAM-related errors print in your Sybase product error log.
The error log for Sybase Unwired Platform is <UnwiredPlatform_InstallDir>\Servers\UnwiredServer\logs\<server_name>-server.log.
To locate SySAM related entries, search for "LicenseManager" in this file. For example:
2010-02-01 18:07:32.138 WARN MMS Thread-3 [com.sybase.sup.server.lm.LicenseManager] - msgId: 1, message: Failed to open the localised message file '%SYBASE%\locales\unicode\sylapi\en_us\sylapi.lcu' (i18nuni_FileOpen returned -479)
If you are using a served license model, the license server’s debug log, located in the <UnwiredPlatform_InstallDir>\Servers\UnwiredServer\sysam-2.0\log directory, provides information about any license checkout issues.