Enterprise Semantic Logging OOP Exception

I'm trying to use Out-Process Logging using Semantic Logging Application Block. I have downloaded and installed out of process service from here, changed the event source name to point to my source name. But on running the service I get following error:

Message : A fault was detected while processing the configuration for the element 'svcRuntime'. Message: System.Runtime.InteropServices.COMException (0x800705AA): Insufficient system resources exist to
 complete the requested service. (Exception from HRESULT: 0x800705AA)
   at System.Runtime.InteropServices.Marshal.ThrowExceptionForHRInternal(Int32 errorCode, IntPtr errorInfo)
   at Microsoft.Diagnostics.Tracing.Session.TraceEventSession.InsureStarted(EVENT_TRACE_PROPERTIES* properties)
   at Microsoft.Diagnostics.Tracing.Session.TraceEventSession.EnableProvider(Guid providerGuid, TraceEventLevel providerLevel, UInt64 matchAnyKeywords, TraceEventProviderOptions options)
   at Microsoft.Practices.EnterpriseLibrary.SemanticLogging.Etw.Utility.TraceEventUtil.EnableProvider(TraceEventSession session, Guid providerId, EventLevel level, EventKeywords matchAnyKeyword, IEnume
rable`1 arguments, IEnumerable`1 processNamesToFilter, Boolean sendManifest)
   at Microsoft.Practices.EnterpriseLibrary.SemanticLogging.Etw.TraceEventServiceWorker.Initialize()
   at Microsoft.Practices.EnterpriseLibrary.SemanticLogging.Etw.TraceEventService.<>c__DisplayClass6.<AddWorkers>b__2()
   at Microsoft.Practices.EnterpriseLibrary.SemanticLogging.Etw.TraceEventService.HandleException(String callerName, Action body)
Opcode : Info
Task : 64731
Version : 0
Payload : [faultedElement : svcRuntime] [message : System.Runtime.InteropServices.COMException (0x800705AA): Insufficient system resources exist to complete the requested service. (Exception from HRESU
LT: 0x800705AA)
   at System.Runtime.InteropServices.Marshal.ThrowExceptionForHRInternal(Int32 errorCode, IntPtr errorInfo)
   at Microsoft.Diagnostics.Tracing.Session.TraceEventSession.InsureStarted(EVENT_TRACE_PROPERTIES* properties)
   at Microsoft.Diagnostics.Tracing.Session.TraceEventSession.EnableProvider(Guid providerGuid, TraceEventLevel providerLevel, UInt64 matchAnyKeywords, TraceEventProviderOptions options)
   at Microsoft.Practices.EnterpriseLibrary.SemanticLogging.Etw.Utility.TraceEventUtil.EnableProvider(TraceEventSession session, Guid providerId, EventLevel level, EventKeywords matchAnyKeyword, IEnume
rable`1 arguments, IEnumerable`1 processNamesToFilter, Boolean sendManifest)
   at Microsoft.Practices.EnterpriseLibrary.SemanticLogging.Etw.TraceEventServiceWorker.Initialize()
   at Microsoft.Practices.EnterpriseLibrary.SemanticLogging.Etw.TraceEventService.<>c__DisplayClass6.<AddWorkers>b__2()
   at Microsoft.Practices.EnterpriseLibrary.SemanticLogging.Etw.TraceEventService.HandleException(String callerName, Action body)]
EventName : TraceEventServiceConfigurationFaultInfo
Timestamp : 2015-02-28T10:31:09.3220291Z
ProcessId : 16524
ThreadId : 16984

The In-Process listener works fine. Is there anything else I need to do configure?

In my case it was related to the amount of flat file sinks that I have configured in the SemanticLogging-svc.xml.

It seems once I go past 36 file sinks this error appears.