My Admin Server monitor count exceeds the licensed count. I get an Error message in the New Monitor form of Managed Server. What should I do?

My Admin Server monitor count exceeds the licensed count. I get an Error message in the New Monitor form of Managed Server. What should I do?

Reason for error message: The total number of licensed monitors in Admin has exceeded.

Solution: Login to Admin Server. Jump to any of the Managed Servers and unmanage monitors to balance the monitor count.