Hi Frank,
Is there any link to a real defintion of this licence?
The link used to be posted online at http://www.sybase.com/softwarelicenses, but this has since moved.
Just a quick reminder that the license is presented to you during the original installation of SQL Anywhere. If you would like to read it further (i.e. the definition of "Machine" is also defined for the purposes of the discussion regarding VMs) you can re-run the setup, select your language, click OK, select your country and the license for your region is displayed.
Regards,
Jeff Albion
SAP Active Global Support