"There are expired or expiring licenses in your inventory."The new license is added to the vCenter inventory however it is not assigned to the vCenter Instance.
From /var/log/vmware/cis-license/license.log
YYYY-MM-DDTHH:MM:SSZ invocation-vmomi-executor-2 operationID=LicenseUtilRunOnTimer-37389e7 INFO server.core.oldmanagement.vmomi.LicenseAssignmentManagerMoImpl queryAssignedLicensesEx result: [{7e3582b1-####-####-b345-########e1372 product: {VMware VirtualCenter Server, 8.0} fileVersion: 8.0.4.1 name: vCenter FQDN cost: 1 license: {00000-XXXXX-XXXXX-XXXXX-00000 vcEval name: 'Evaluation Mode'}}From /var/log/vmware/cis-license/license.log
YYYY-MM-DDTHH:MM:SSZ invocation-vmomi-executor-1 operationID=dec###b-####-####-####-6af####90b INFO server.core.management.vmomi.SystemManagementServiceMoImpl addLicenses result: [License urn:vri:com.vmware.license.license:7e3582b1-####-####-b345-########e1372 name: '<User Defined License friendly name>' expiration: YYYY-MM-DDTHH:MM:SSZ serialKeys: <License Key> restrictions: [ LicenseProductRestrictionImpl product: {'VMware VirtualCenter Server8.0vc.standard.instanceserver' name: 'vCenter Server 8 Standard'} costUnitsLimit: [{server, limit: 176, enforcementType: hardEnforced}]From /var/log/vmware/cis-license/license.log
YYYY-MM-DDTHH:MM:SSZ invocation-vmomi-executor-1 operationID=dec###b-####-####-####-6af####90b INFO server.core.management.vmomi.SystemManagementServiceMoImpl searchLicenseUtilizations result: [LicenseUtilizationImpl usage: [ ProductUsageImpl costUnitsUsage: [{server, usage: 0}] productId: 'VMware VirtualCenter Server8.0vc.standard.instanceserver' ] license: {urn:vri:com.vmware.license.license:7e3582b1-####-####-b345-########e1372 name: '<User Defined License friendly name>' [<License Key>} isLicenseAssigned: false,LicenseUtilizationImplFrom /var/log/vmware/cis-license/license.log
YYYY-MM-DDTHH:MM:SSZ invocation-vmomi-executor-1 operationID=dec###b-####-####-####-6af####90b INFO server.core.management.vmomi.SystemManagementServiceMoImpl searchLicenseUtilizations result: [LicenseUtilizationImplusage: [ ProductUsageImpl costUnitsUsage: [{server, usage: 1}] productId: 'VMware VirtualCenter Server8.0vc.standard.instanceserver' ] license: {urn:vri:com.vmware.license.license:7e3582b1-####-####-b345-########e1372 name: '<User Defined License friendly name>' [<License Key>} isLicenseAssigned: trueThis is by design. Major version upgrades (e.g., from 7.x to 8.x) require a new license edition compatible with the target version. To resolve the warning, you must manually assign the license to the vCenter Server asset.
Steps to Assign the License,