Sql Server 2012 on two Hyper V VM

Can two Hyper-V VM (Window Serer 2008 R2) installed using same SQL Server 2012 ISO(same product key)?
Will 

Hyper-V VM
Production Server
OS: Window Serer 2008 R2
SQL: SQL Server 2012 (1111-1111-1111-1111)

Clone the VM into a UAT
UAT Server
OS: Window Serer 2008 R2
SQL: SQL Server 2012 (1111-1111-1111-1111)