How many times can you install FCP?

Hello everyone, new to the forums here. I've searched throught he forums but couldnt find an answer to my question.
I'm in the middle of installing Final Cut Studio 2 (waiting to put in the next disc) when my buddy came over and mentioned that you could only install FCP one time and never install it again on any other computer. This worries me because in January I was going to get a new Mac Pro and un-install FC from my Macbook Pro so I could use it on the new computer. Is this possible? Or once I install this on my laptop is it permanent?
Thanks in advance for the help

Ok so you can install it on as many machines as you like but can only use (or have one activated through registering) one at a time. I know this is a touchy subject with piracy and all, but I thought it would just be rediculous if I installed this on my laptop, and 6 months down the line wanted to install it on another computer that I own.

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