QUALIFIED INTEREST

QUALIFIED INTEREST. Means a direct or indirect (A) majority equity or other interest, (B) minority equity or other interest provided that one of the current or past joint venture partners of API set forth on Exhibit B-2 ("Qualified Equity Owners") maintains a majority interest or (C) minority equity or other interest provided that a third party consented to in writing by Cendant ("Approved Equity Owner") maintains a majority interest.