When using licensed versions of Toad (not the freeware "Toad for Oracle Base" edition), the software communicates with a license server—either a local on your network (for floating licenses) or a machine-specific activation server (for named-user licenses).
Quest offers a Toad for Oracle Freeware version (limited features) with no license key required. For full features, you must purchase a subscription. Toad License Key And Site Message
If you are renewing, upgrading, or installing Toad for the first time, follow these steps to add your license key and site message: Open your Toad application. When using licensed versions of Toad (not the