The On/Off Delay node, for every rising edge of the Input connector signal, generates a rising edge on the Output connector after a delay specified by the Factor for ON delay property. When the Input signal has a falling edge, the node generates a falling edge on the Output connector after a delay specified by the Factor for OFF delay property.
When the value of the Reset connector is 1, the node immediately sends 0 to the Output connector.

 Behaviour of On/Off Delay

Behaviour of On/Off Delay