Section 3.3 Notice Date and Interim Period. The “Notice Date” of the Withdrawal shall be the date of the occurrence of the event that causes the Withdrawal under Section 3.2.
Section 3.2 Withdrawing Member. A Member: (i) may Withdraw if it gives notice of the intent to Withdraw from the Conference; or (ii) shall be deemed to have Withdrawn if a Supermajority of Disinterested Directors by affirmative vote determines that such Member: (A) makes statements or takes actions that are determined by a Supermajority of Disinterested Directors to evidence the intent of such Member to withdraw from the Conference either currently or in the future . . . (C) if a third party offers to, or attempts to induce a Member to, leave the Conference, and the Member does not immediately and unconditionally reject that offer.
@nunna yo bizness is correct in that UT has not given formal notice of intent to Withdraw, so UT has not directly Withdrawn under Section 3.2(i).
So, we are in the Section 3.2(ii) universe. @Hurtlocker gets halfway there. UT has obviously taken actions covered in (ii)(A) and (ii)(C), but for a Withdrawal to be deemed to have occurred under (ii), the Board must have held a formal vote making that determination. The "word getting out" is not enough.
We don't know whether that sort of vote actually happened. But if it did, the date of the vote would be have been the "Notice Date."
But what if you're a bad-tempered, unfriendly corporate lawyer that loves UT football and discussing it with other like-minded assholes? I got nowhere else to go!