*Steps to reproduce:*

1. Import the attached package

2. Open Test-Mesh Instancing Scene

3. In the Hierarchy, select any Mesh Count

4. Set exposed texture to None

5. Pan Scene View Camera around

*Actual results:* random texture is assigned while panning camera

*Expected results:* default texture is assigned and remains consistent

*Reproducible with versions:* 2022.3.X

*Not reproducible with versions:* N/A

*Can’t test with versions:* N/A

*Tested on (OS):* Windows

*Notes:*
* We need a PR #49416 (PR link in the description) to be merged in order to reproduce this issue
h1.  

* It can be workarounded by assigning a valid texture