Hard Drive Died. Can I Deactivate Windows?

Hello man

Honorable
Hi guys.
I had a hard drive suffer complete failure the other day. It no longer spins, the motor died completely. With it went a x64 copy of windows 7 Ultimate. Is there any way I can deactivate that copy? I would really like to be able to use it on the new hard drive, I don't have the money to go buy another $120 copy of the OS.
 


The copy of windows I had was a multiple install windows 7 ultimate with both 32 bit and 64 bit disks. I do not know the effects of having the hard drive die with an activated copy of windows on it.