Transferring an individual component or upgrade serial to another user
You may transfer your entire Suite license to another user, but not licenses for single instruments or libraries within Live Suite.
If you previously owned licenses for one or more add-on components and then upgraded to Suite, you can no longer transfer the previously purchased licenses separately, as they have been absorbed into your Suite license.
You may not transfer an older version of Live which has been upgraded to another user, unless you wish to transfer the complete license (including all upgrades).
Non-Suite add-ons such as the Ableton Partner Instruments and third party packs can be transferred separately.