If Xbox B wanted to license transfer to Xbox C, they would have to give the account that was handed over from Xbox A. If Xbox C has the account from Xbox A which was handed to Xbox B and now being handed to Xbox C, then yes Xbox C will be able to license transfer. But they will only be able to use a license transfer 4 months after when Xbox B license transferred.Thought I might add this question as well.
If you transfer your content to xbox B (friend)
You will always have access on your GT that purchased said content on xbox A. True?
But, can xbox B transfer the content later to ANOTHER friend for xbox C?
Thus having content on three different xbox's (or more) through multiple transfers over time? Or is the content only applicable once to one console at a time and permanently to one profile?