No, it's one at a time.
I missed something in the tiebreaker if UAB wins, because SMU has already played (and beaten) UAB once... and the tie breaking procedures (as pointed out to me on another message board) says when one team is 1-1 and the other is 1-0 or 0-1, that team is skipped.
So this is the procedure between SMU and Memphis, if UAB wins - it comes down to who finishes #10. UTSA with a win; Tulane with a Temple win.
#1 USF - Both 0-1
#2 FAU - Memphis 1-1, SMU 1-0
#3 Charlotte - Both 1-0
#4 UAB - Memphis 1-0, SMU 1-1
#7 UNT - SMU 1-1, Memphis 0-1
#8 ECU - SMU 2-0, Memphis 1-0
#9 Tulsa - Both 1-0
Possible #10 seeds:
UTSA - Memphis 1-0, SMU 0-1 ... UAB + UTSA win = #5 Memphis and #6 SMU
Tulane - SMU 2-0, Memphis 1-1 ... UAB + Temple win = #5 SMU and #6 Memphis