No, you can not play the game at the same time on two Xbox's with two different accounts if you only purchased the game with one account, that is not how license transfers work or what the yare intended for. Please check the link WPAK linked :)
Did this solve your problem?
Sorry this didn't help.
Great! Thanks for marking this as the answer.
How satisfied are you with this reply?
Thanks for your feedback, it helps us improve the site.