Invalid pass number (0) for Graphics.Blit (Material "(Unknown material)" with 0 passes) is thrown infinitely when running a Dedicated Server

Reproduction steps:
1. Open the attached “BugRepro” project
2. Click File > Build Settings…
3. Select “Dedicated Server” platform
4. Click Build
5. In the Player directory, open a Terminal/Command Prompt
6. Run the Player through the Terminal/Command Prompt

Expected result: Error “Invalid pass number (0) for Graphics.Blit (Material "(Unknown material)" with 0 passes)“ is not thrown
Actual result: Error “Invalid pass number (0) for Graphics.Blit (Material "(Unknown material)" with 0 passes)” is thrown infinitely

Reproducible with: 2021.3.30f1
Not reproducible with: 2022.3.11f1, 2023.1.13f1, 2023.1.17f1, 2023.2.0b14, 2023.3.0a10

Reproducible on: Ubuntu 23.04, Windows 10 Pro 22H2