New monocyclopentadienyl species of TaV, [Cp*TaL3(XR)] (L = Cl, Me, X = O, S) bearing 4,6‐dimethyl‐2‐pyrimidinethiolate (SR = SC6H7N2) or 3‐cyano‐4,6‐dimethyloxypyridine (OR = OC8H7N2) ligands were prepared, namely [Cp*TaCl3(SC6H7N2)] (1), [Cp*TaCl3(OC8H7N2)] (2), [Cp*TaMe3(SC6H7N2)] (3). In addition, a bis(oxypyridine)titanium(IV) complex [Cp*TiMe2(OC8H7N2)2] was isolated. The X‐ray structure analysis of 1 revealed that the thiolate group is bonded to the metal center through the sulfur atom and one of the nitrogen atoms in an η2‐fashion. The reactivity of complex 3 with isocyanides (CNR), R = tBu, Xyl (Xyl = 2,6‐dimethylphenyl) was also studied showing differences depending on the nature of R group. The reaction with 2,6‐dimethylphenyl isocyanide gives the azatantalacyclobutane complex [Cp*TaMe{XylN=CC(Me2)NXyl}(SC6H7N2)] (5) as the final product, whereas in the reaction with tert‐butyl isocyanide the η2‐imine‐containing complex [Cp*Ta{tBuNC(Me2)}(SC6H7N2)] (6) is proposed to be formed. The dynamic behavior of [Cp*TaMe3(SC6H7N2)] (3) was also studied by variable‐temperature 1H NMR spectroscopy. (© Wiley‐VCH Verlag GmbH & Co. KGaA, 69451 Weinheim, Germany, 2003)