Noble Knight Gwalchavad

The monster effect "While this card is face-up on the field, it is treated as a Normal Monster" is a Continuous Effect.

"While this card is equipped with a 'Noble Arms' Equip Spell Card, this card is treated as an Effect Monster and gains the following effect" is not treated as an effect. When the condition is met, it gains the effect marked with "●".

The monster effect "● You can target 1 'Noble Knight' monster in your Graveyard; add that target to your hand, then destroy 1 'Noble Arms' Equip Spell Card you control. You can only use this effect of 'Noble Knight Gawayn' once per turn" is an Ignition Effect. (This effect targets 1 "Noble Knight" monster in your Graveyard. It does not target the "Noble Arms" Equip Spell Card to be destroyed.)

The process of "add that target to your hand" and the process of "destroy 1 'Noble Arms' Equip Spell Card you control" are treated as occurring simultaneously.