Weblogic Application Server fails to start successfully (4354732)

Weblogic Application Server fails to start successfully with following error found in the application system logs:

2014-06-26 14:21:58.431 ERROR [PerformaSure Agent Main Thread] com.quest.common.util.ProcessExec - Could not execute load environment using the arguments: /usr/bin/env java.io.IOException: Cannot run program "/usr/bin/env": error=12, Not enough space
...
Caused by: java.io.IOException: error=12, Not enough space

Out of memory issue on Weblogic Application Server host.

STATUS:

None

WORKAROUND:

EITHER increase heap space on the Weblogic Application Server host OR,

set the Java Xms to lower value and Xmx to higher value.

For example, Xms = 512m and Xmx = 8GB