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Plans are measured in conversations per period. When a workspace uses its allowance, some calls start returning 402:

What stops and what does not

This is the part worth building around, because it is not a blanket block. Only the two things that start or continue a conversation with a customer are refused. Everything your team needs to coordinate keeps working, so a workspace that cannot reply yet can still triage, assign, and leave notes for each other on the thread. Reads are never blocked. An integration that syncs tickets into your own system sails through a quota block without noticing. Every plan stops at its limit, paid ones included. There was a period where paid plans were waved through on the promise of an overage charge. That charge was never built, so the waving through was just a hole. Now the behaviour is the same everywhere: the limit is the limit.

Handling a 402

Do not retry it. Nothing changes until the period resets or someone upgrades, so a retry loop will simply keep failing.
If your integration opens tickets automatically, treat a 402 as a signal to queue the work locally and stop calling. Coming back after the reset with a backlog is fine, especially with an idempotency key on each one so a replayed queue does not double up.

Seeing it coming

The dashboard warns as a workspace approaches its limit, and owners get an email before it bites. There is no API for usage yet.
A 402 is a billing state. It is not 403, because your credentials are fine and you are permitted to do this. Something that treats 403 as “log in again” would send an integration round an auth loop over an unpaid invoice.