Noble Knight Peredur

The monster effect "①: As long as this card is equipped with a 'Noble Arms' Equip Spell Card, this card increases its Level by 1 and becomes DARK" is a Continuous Effect.

Even if this card is equipped with two "Noble Arms" Equip Spell Cards, the Level of "Noble Knight Percival" only increases by 1 due to its own effect.

The monster effect "If this card equipped with a 'Noble Arms' Equip Spell is sent to the GY: You can target 1 'Noble Arms' card in your GY; add it to your hand" is a Trigger Effect. (This effect targets 1 "Noble Arms" card in your GY. It can also be activated during the Damage Step.)

If "Noble Knight Percival" and a "Noble Arms" Equip Spell card equipped to "Noble Knight Percival" are both sent to the GY at the same time by an effect such as "Icarus Attack," you can still activate the effect.