Sec. 90.1007 Withdrawal, default and disqualification payments.
The Commission will impose payments on bidders who withdraw high
bids during the course of an auction, who default on payments due after
an auction terminates, or who are disqualified. When the Commission
conducts a simultaneous multiple round auction, payments will be
calculated as set forth in Secs. 1.2104(g) and 1.2109 of this chapter.
When the amount of such a payment cannot be determined, a deposit of up
to 20 percent of the amount bid on the license will be required.
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