Hi Stine,
When a particular constituent link in a bundle has a disproportionate delay, its "differential delay" could be considered harmful. As the ml fragments are received, they have to be reassembled in sequential order. If a particular link is introducing a large amount of delay, that can cause poor performance for the entire bundle. It could also cause packet loss.
The operator can choose to configure two thresholds (yellow and red) for this. The operator can also configure an action to remove, or stop transmitting on the link, when the red threshold is crossed.
http://www.juniper.net/techpubs/software/junos/junos92/swconfig-services/configuring-the-link-services-differential-delay.html#id-12545995
Regards,
Ben