Issue with Terran Rendering and OVR Virtual Reality Enabled

Hi All,

I am facing a bizarre issue when rendering a terrain object with virtual reality enabled.
The issue only happens when I build a stand alone player.
Everything, works fine within the editor.

I am using unity 5.3.4f1

i am just getting black mesh objects while rendering terrain objects.
Looks like the terrain objects are refusing to render while virtual reality is enabled.

check the images below, for my player settings, etc

Any help would be highly appreciated.

Kind Regards,
Saad

I am now starting to think that this might be a bug in Unity.