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Event ID: 701 Source: MSSQLSERVER

Source
Level
Description
There is insufficient system memory to run this query.
Comments
 
SQL Server has failed to allocate sufficient memory to run the query. This can be caused by a variety of reasons including operating system settings, physical memory availability, or memory limits on the current workload. In most cases, the transaction that failed is not the cause of this error.

Diagnostic queries, such as DBCC statements, may fail because server the does not have sufficient memory. See the link to "MSDN Library" for additional information about this event.

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