Fundamental understanding of catalytic mechanisms of water oxidation is a prerequisite for the design and development of efficient and rugged water oxidation catalysts. In this work, a detailed mechanistic study of the water oxidation mechanism of the [Ru-II(npm)(4-pic)(2)(H2O)](2+) (npm = 4-t-butyl-2,6-di(1',8'-naphthyrid-2'-yl)-pyridine, pic = 4-picoline) complex, [Ru-II-OH2](2+), reveals oxygen atom transfer from highly reactive ruthenium oxo intermediates to noncoordinating nitrogen atoms of the ligand as a novel route for oxygen evolution via storage of oxidizing equivalents as N-oxide groups on the ligand framework. Theoretical calculations show that the initial complex, [Re-II-OH2](2+), is transformed to a di-N-oxide [Ru-II-OH2,(-NO)(2)](2+) complex upon oxidation via facile OAT steps from Ru-V =O species and that [Ru-V =O-N,(-NO)(2)](3+) represents the most likely reactive species for the critical O-O bond formation. Furthermore, a new stepwise mechanism for oxygen evolution is introduced, which proceeds via coupling of Ru-O and N-O moieties producing a peroxide intermediate, [Ru-V-OO-N,(-NO)](3+), and can compete with the water nucleophilic attack pathway for the oxygen evolution reaction. In this mechanism, a water molecule is oxidatively activated to an "oxygen atom" which is "stored" at a noncoordinating pyridine. Oxidative activation of a second water molecule, facilitated by coordination expansion of the intermediate N-oxide, generates the second oxygen atom required to produce a dioxygen molecule.