A system for validating a license to use a computational component, comprising (a) a GPS module 108 to determine one or more of GPS timing information and a geographic location of at least one of the computational component 400 and a key device 100 in communication with the computational component 400 and (b) a validation agent 128 and/or 404 operable to (a) compare the GPS timing information against the license expiration date and/or compare the geographic location with at least one predetermined geographic location permitted by the license and (b), when the GPS timing information is outside of the permissible license term and/or when the geographic location is not a permitted geographic location under the license, determine that the computational component 400 is not validly licensed.