All SySAM related errors are printed in the Sybase IQ error log and <dbname>.iqmsg file. If e-mail alerts are configured, recipients receive an e-mail whenever a SySAM event occurs.
You can always check the current state of SySAM licenses using the sp_iqlmconfig procedure. The output shows the current SySAM configuration and the status of each license.
If you are using a served license model, the license server’s debug log located in the log directory ($SYBASE/SYSAM-2_0/log) provides information about any license check-out issues).