Unable to start database server: missing license file

Error constant SQLE_UNABLE_TO_START_ENGINE_MISSING_LICENSE
ODBC 2 State 08001
ODBC 3 State 08001
Severity 17
SQLCODE –1179
SQLSTATE 08WA2
Sybase error code 708
Probable cause

It was not possible to start the database server because the server license file was not found. The server license file has the same name as the server executable with the extension ".lic".