Failed to generate all binary output.

I am configuring Texas instrument C2000 series MCU F288335 with CCS 5.5.0 and simulink embedded coder library for C2000. After installing all support packages and CCS when i run the simple blink led model I get this error consistently,

Failed to generate all binary output.

I need " .out " file to be loaded in the processor but MATLAB is generating all the header and c files other than this one. I have configured all of the packages, CCS and even MATLAB twice but still the issue persist. I am using MATLAB R2014b.I would appreciate any help.