Sec. 22.211  Submission of upfront payments and down payments.

    (a) The FCC will require applicants to submit an upfront payment 
prior to the start of a paging auction. The amount of the upfront 
payment for each geographic area license auctioned and the procedures 
for submitting it will be set forth by the Wireless Telecommunications 
Bureau in a Public Notice in accordance with Sec. 1.2106 of this 
chapter.
    (b) Each winning bidder in a paging auction must submit a down 
payment to the FCC in an amount sufficient to bring its total deposits 
up to 20 percent of its winning bid. All winning bidders except small 
businesses will be required to make such payment within ten business 
days following the release of a Public Notice announcing the close of 
bidding. Small businesses must bring their deposits up to 10 percent of 
their winning bids within ten business days following the release of a 
Public Notice announcing the close of bidding, and must pay an 
additional 10 percent prior

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to licensing, by a date and time to be specified by Public Notice.