I agree with Pete.
This is a three-way valve. In one position, it loads the belt tensioners, and in the other, it unloads them. If the cylinders are leaking internally, the leaking air returns to the valve and escapes out the exhaust side. I rebuilt both of my cylinders with kits from Prevost. The kits include high elastomer O-rings and retaining clips. I also disassembled the valve, cleaned it, and replaced the O-rings. The rebuilding process is straightforward; if you need assistance, feel free to contact me.