In terms of 'jargon', I think licenses and activations are different.
You purchased a license.
The license allows 2 activations
The License manager displays the current status
of your activations, and allows/requires you to de-activate
and re-activate as needed, for times your system(s)
is changed, replaced, repaired etc.
There is an official company forum at kvr, user sbangs
is the AIR rep, and has helped people successfully
https://www.kvraudio.com/forum/viewforum.php?f=265
As long as the ilok license manager gui is responsive,
and displays the licenses you know you have, and their
activation status, I doubt there will be anything lost.
It is after all, a system designed for pro's with deadlines to meet,
having lawyers in their rollodex.
Screenshots of purchase steps, and manager displays
are good luck
Cheers