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How do Oracle named Licenses get verified by a system?

User_5M8M3
Member Posts: 1 Green Ribbon
Hello,
I am working on IBM Maximo Asset Management system, using a named license scheme. I was wondering how I figure out how Oracle counts/verifies the licenses. Is it schema based, or front end user login based? Meaning does a named license get consumed when a user logs into the system, or is one consumed by each individual Oracle schema account active in the database?
Oracle version is 12c standard.