Decal Projector freezes scene with errors when reentering Prefab Context mode

Reproduction steps:
1. Open the user’s attached project “repro.zip“
2. Enter Prefab Context mode by pressing the arrow in the Hierarchy
3. Exit back to the scene and reenter the Prefab Context mode

Expected results: Prefab Context mode is reentered successfully without errors
Actual results: Scene window freezes and the Console is spammed by errors

Reproducible with: 2021.3.3f1, 2021.3.6f1
Not reproducible with: 2020.3.37f1, 2021.3.2f1, 2022.1.0a1, 2022.1.10f1, 2022.2.0b2, 2023.1.0a2

Reproduced on: Windows 10 Pro