Legacy HALion content in HALion 7 and the USB-eLicenser

Previous version of HALion (4, 5, and 6) could import (“register”) the content from HALion 3 and then use that content. It is still possible to use this HALion 3 content in HALion 7 (which uses Steinberg Licensing), but only if the USB-eLicenser is connected, with a valid HALion 6 (or earlier) license.

Is there any possibility to use HALion 3 content in HALion 7 without the USB-eLicenser?