What does Queued mean?
An iLok can hold only one license for each software product. But if you have bundles, it is possible to have two or more licenses for the same product associated with one iLok. Only one license is actually on the iLok. Information about the other license is stored, or queued. The more useful of the two licenses is put on the iLok. For example, a full license is on the iLok and a timed one is queued. A single license, part of a bundle, or even a whole bundle can be queued. Subject to software publisher limitations, queued licenses or bundles can be transferred to another iLok where they will become active licenses if no other licenses for these products are already on the destination iLok.
