Ligand metathesis of the diimido and dioxo precursor complexes [Mo(X)2Cl2(DME)] (X = O, NtBu) leads to the mixed oxo‐imido derivative [Mo(NtBu)(O)Cl2(DME)] (1). By treatment with Li2DAD (DAD = 1,4‐di‐tert‐butyl‐1,4‐diazabuta‐1,3‐diene), 1 is converted into the complex [Mo(NtBu)(O)(DAD)]2 (2). The crystal structure determination on a nonmerohedral twin of 2 reveals a dinuclear molecular structure with nearly symmetrical bridging oxygen atoms. The smaller oxo ligand tends to be a better bridging functionality than the imido ligand; the unprecedented N3Mo(μ‐O)2MoN3 configuration is favored over a ON2Mo(μ‐N)2MoN2O core. Compared to other known molybdenum DAD complexes, 2 reveals some degree of pyramidalization at the nitrogen atoms of the DAD ligand. In accord with the Mo–N, N–C, and C–C bond lengths, complex 2 is best described as an ene‐diamido complex of formally six‐valent molybdenum. (© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2005)