Hello,
Since you mentioned M120 and EX, I assume all links are Ethernet.
If that's the case, you can configure every link as 1-member LAG and set active LACP on each LAG. Assuming a few dozen links, you should not run into LAG interfaces limit.
You will get:
1/ L2 connectivity checks (assuming direct connection or switched connection without LACP in between)
2/ minimum 1 sec timer
3/ protocol compatibility
You won't get:
1/ subsecond timers
2/ tunable timers - it's either 1 or 30 seconds
3/ L3 connectivity checks
HTH
Rgds
Alex