The license.dat file is located in the correct location.
(C:\freescale\CW MCU v10.7\MCU\license.dat)
There may be a problem with CodeWarrier 2.1 installed on the PC.
So can you explain this part in more detail?
-> Also please check the license path - system variable LM_LICENSE_FILE (type "set LM_LICENSE" in windows terminal/command line)
How can I check the license path?