The CGS62 is an event-driven gate/trigger generating device. It monitors a control voltage, and responds according to what that voltage is doing. If the voltage is rising, the slope detector gives a "gate" output (approx. 5V) on its "rising" output. Likewise, if the voltage is falling, the slope detector gives an output on its "falling" output. The duration of this gate signal depends on the incoming CV and the setting of the sensitivity pot. When the CV is remaining constant, the "steady" output activates.
CGS Datasheet and Build Guide