New Post: Error :- MemoryAllocationError calling waveOutOpen while playing in a loop

I have a waveOut that plays inside a while loop which receives data from a udp socket.
But unfortunately it trows an error after around 30 secs saying "MemoryAllocationError calling waveOutOpen"
I use the below lines of code to achieve this.

            waveOutStream = new WaveOut();

            while (IsAudioTransferActive)
            {
                receivedAudioData = audioUDPClient.Receive(ref senderEP);
                audioDataStream = new MemoryStream(receivedAudioData);
                receivedRawAudioData = new RawSourceWaveStream(audioDataStream, audioFormat);
                waveOutStream.Init(receivedRawAudioData);
                waveOutStream.Play();
            }