Translation
If you take hold with both your arms under your opponents, then you can put both hands in his face as you see that I do, and especially if he has an uncovered face. Also you can transition to the third play of grappling.
Interpretation
Against a low grab, your opponent has countered with a grab to your head. Their intention is to step back with the left foot, and throw you down by twisting the neck. This will cause you to roll across your right shoulder onto your back at their side.
Your response to this is to shuffle your right foot up, pinning their left foot to the floor. At the same time, reach up with both your hands outside your opponents grip, as shown in the picture.
Cup each hand slightly, so as to brace the fingers against each other, and push into your opponents eyes. Reach down with your thumbs, and lock them under the jawbone. This will give you a solid point to lever from so as to push your fingers further in. Their attempted throw will be completely disrupted. The more you push, the further back they will lean to get away.
Follow up on your advantage by stepping through with your left foot and dropping your elbows to your hips, locking them to your core. Keep rolling your hands over as you do so. Your opponent will be rolled back on themselves, falling on their back at your feet.
As an alternative follow through from the picture point where your opponents head is tipping back, slide in deeper with your right foot. Use your right hand to push across their face, turning their head to your left. Drop your left hand to scoop their left knee and make the throw of the 2nd scholar.