Can anyone explain to me the part from the alternative arrangement (second paragraph onwards).

It really confused me.

Figure 9.2 Example of a bank-accepted commercial bill (face side) Due Date 3/12/2015 ABC Bank Ltd To: On the Pay to the order of The sum of: Accepted 7 June 2015 Third Day of December 2015 fixed Payable at: Borrowing Corporation Ltd ABC Bank Ltd One hundred thousand dollars 290 Martin Place, Sydney $100000 For and on behalf of Dated this Seventh Day of June 2015 ABC Bank Ltd For and on behalf of Borrowing Corporation Ltd Authorised signatories of acceptor Place of payment Authorised signatories of drawer Drawer Payee Date of drawing Acceptor Date of acceptance Maturity date