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License Manager error -25

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My MATLAB R2015b suddenly stopped working throwing following error... I am running a network license from my department, linux version.. I could not find any relevant documentation, any help would be appreciated.
License checkout failed. License Manager Error -25 This version of MATLAB is newer than the version of the license.dat file and/or license manager on the server machine.
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Image Analyst
Image Analyst on 14 Feb 2016
Contact the Mathworks.

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