Outlook Error :'Microsoft Exchange Server' reported error (0x8007000E) : 'Out of memory or system resources. Close some windows or programs and try again.'

Hi team,
In Case we get the above mentioned error on outlook while trying to send/receive the following t/s steps will be helpful
1)      Open Control Panel and go to folder options. In folder options turn on the SHOW HIDDEN FILES feature on.
2)      Open My computer and go to C:\Program Files\Microsoft Office\Office12
3)      In this folder look for Scanpst utility
4)      Run the Scanpst utility on all PST and OST files

Do take a backup for all PST and OST files before running the utility.