Template:GTMA Master Agreement 2004 12.1.4

12.1.4 (Persistent Notification Default) if a Compensation Threshold is specified for the Party in Schedule 2, the Party fails to comply with clause 3, 4 or 5 and, as a result, the total of the amounts which the Party is liable to pay under clause 6 for a Month exceeds the Compensation Threshold for that Party;