Error performing Object Search on tables using a large database: "System.OutOfMemoryException: Ex (4221902)

Follwoing error occurs when performing Object Search on tables using a large database:
"System.OutOfMemoryException: Exception of type 'System.OutOfMemoryException' was thrown.

Stack trace:

at DevExpress.XtraEditors.Controls.EditorButton..ctor()
at DevExpress.XtraEditors.Controls.EditorButton..ctor(ButtonPredefines kind)
at DevExpress.XtraGrid.Drawing.GridFilterPanelInfoArgs..ctor()
at DevExpress.XtraGrid.Views.Base.ViewInfo.ColumnViewInfo.CreateFilterPanelInfo()
at DevExpress.XtraGrid.Views.Grid.ViewInfo.GridViewInfo..ctor(GridView gridView)
at DevExpress.XtraGrid.Views.Grid.GridView.CreateNullViewInfo()
at DevExpress.XtraGrid.Views.Base.BaseView.OnGridControlChanged(GridControl prevControl)
at DevExpress.XtraGrid.Views.Grid.GridView.OnGridControlChanged(GridControl prevControl)
at DevExpress.XtraGrid.Views.Base.BaseView.SetGridControl(GridControl newControl)"