2592941 - Running sp_audit raises error 716 Severity 16 state 43 - ASE

Running sp_audit to add audit option raises error 716 Severity 16 state 43:
   
1> sp_audit "login","all","all","on"
2> go
Msg 716, Level 16, State 43:
Server 'XXXX', Procedure 'sp_audit', Line 740:
Unable to allocate memory of size 40 bytes from the 'default' pool.
(return status = -6)

1> sp_audit "adhoc", "all", "all", "on"
2> go
Msg 716, Level 16, State 43:
Server 'XXXX', Procedure 'sp_audit', Line 740:
Unable to allocate memory of size 40 bytes from the 'default' pool.
(return status = -6)

SAP Adaptive Server Enterprise on all versions

716 sp_audit , KBA , BC-SYB-ASE , Sybase ASE Database Platform (non Business Suite) , Problem