Yes, it is possible without any problem. The only requirement is that you cannot use a single license on multiple computers at once.
Install selected software on all the computers. The full version activate on one. To use the software on another computer, just detach (deactivate) license on one and activate on the second. You need only you license key. For license activation and deactivation, your computer must be connected to the internet (for communication with my server). Subsequently, after activation, you can use the software in offline mode.
This option is also available for the GIS.XL add-in.