In addition to the license application requirements of Chapter 801, an application for the license required in § 806.02 shall include a description of the place where it is proposed to produce, present, conduct, operate or offer the amusement; a description of the kind and class of amusement; the highest price to be charged for admission thereto exclusive of the charge for box seats; and the seating capacity of the place. The application shall also contain, plainly written thereon, the following, which, together with apt words, indicating that the applicant accepts the same as conditions for the issuance of the license applied for, shall be subscribed by the applicant before the license is issued:
(A) Every ticket of admission issued by the licensee shall have conspicuously printed upon its face the price thereof, the date for which the same is issued and the particular performance for which issued if there is to be more than one on the date, and that no price in excess of that so designated will be asked for or accepted by or on behalf of the licensee;
(B) No ticket of admission shall be issued, sold or offered for sale by or on behalf of the licensee to whom a license is issued under the application at a price in excess of that designated thereon, or with the knowledge, purpose or intention that the ticket is to be resold or offered for resale. No licensee or manager, officer, agent or employee thereof shall, directly or indirectly, receive any consideration of any nature whatsoever upon the sale of any ticket beyond or in excess of the price designated thereon, or directly or indirectly enter into any agreement or understanding for the receipt of any consideration; and
(C) A license issued by virtue of the application shall be and become null and void by operation of law, without express revocation on the party of the Mayor or any other executive officer of the city, if the licensee or his or her agents or employees acting for him or her are adjudged guilty by a court of competent jurisdiction of having violated any of the provisions of this section.