An adjustable tension clip selectively retains a tool. The clip includes a pair of resilient clip members positioned in spaced-apart, parallel alignment. Each of the clip members provides in sequence, from a proximal mounting end of the clip member to a distal clamping end of the clip member; a proximal planar section; a proximal C-shaped section; a medial planar section; a distal C-shaped section; a distal arcuate section; and a terminal outwardly-flared section for receiving the tool.