Running into an issue with my license file

I am able to build my project but right before it generates the .axf file my console spits out this error message:

Fatal error: Q9932E: Cannot obtain license for Fromelf (feature fromelf5) with license version >= 5.0201301
No such feature exists.
Feature: fromelf5
License path: C:\Users\xxx\AppData\Roaming\arm\ds\licenses\license.lic;
FLEXnet Licensing error:-5,357
For further information, refer to the FLEXnet Licensing documentation,
available at "www.flexerasoftware.com".

I checked my ARM license manager and it shows my license location in the Active Product table. My license is for Arm DS Intel FPGA edition NL.

I logged onto the license manager just now and I was able to get a license.dat file. Is this what I should be using over the .lic file?

Please let me know if anyone can help.