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BQ21040: #CHG pin never goes inactive

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Part Number:BQ21040

Hello Team , in the IC bq21040 , if my system load connected draws more current than the termination current  ( more than 10% of my Iset) does this  mean that the charging LED will never turn off ?

In this case the battery will eventually start drawing very low series current as the Vout will be regulated to 4.2V max .However as the system is drawing more current that Iterm the BQ21040 IC will never see a less than Iterm current ?

Is our understanding correct ?


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