For \( E_\text{cell} = E^\circ_\text{cell} \) to hold true, the Nernst equation simplifies to:\[E_\text{cell} = E^\circ_\text{cell} - \frac{RT}{nF} \ln Q.\]This equality requires \( \ln Q = 0 \), meaning \( Q = 1 \). This condition is met when:\[Q = 1 \implies \text{The concentration of all reactant and product species must be unity}.\]Under this condition, the cell operates at standard conditions, thus \( E_\text{cell} \) equals \( E^\circ_\text{cell} \). Final Answer:\[\boxed{\text{The concentration of all reactant and product species must be unity.}}\]