The Data Update job is failing when it fills up the transaction log for the SnowLicenseManager database

SLM 9.x

This customer was using High Availability, and the recovery mode is set to Full recovery.
Since the Data Update Job involves a significant amount of data being transferred into the SnowLicenseManager database, this can quickly fill up the transaction log.

Recommended: Increase the Transaction Log size for the SnowLicenseManager database
OR
In this case the customer's database administrator took a decision to remove the SnowLicenseManager database from High Availability Group and switched the recovery mode to Simple.  Changes of this type should be made with caution because they may affect recovery should there be a hardware or other database failure.  Please also see this article for supported configurations of High Availability and other SQL configuration settings.