A license issued under this chapter shall entitle the licensee to conduct, produce, present, operate or offer the amusement specified in the license at the place designated in the application therefor and for the period of time specified in the license. The license shall contain apt words indicating that the same is issued and accepted subject to the conditions and agreements set forth in § 806.03 and contained in the application for the same and subscribed by the licensee when the application was made. The conditions shall, upon the issuance of the license, at once become binding on the licensee and his or her agents or employees, who shall conform to the requirements of the same.