Abstract: A clip is provided for a dispensing tube about which the collapsed end of the tube may be wrapped. The clip is substantially rectangular and includes a plurality of transfer ducts, at least one on each of a top and a bottom edge. The ducts are accessible from the side of the folded dispensing tube so that one leg of a retainer pin can be inserted into a duct, the second leg of the pin forceably contacting the outside surface of the tube. Thus, the pin maintains the position of the folded tube against the clip and prevents it from unraveling. The clip is generally rectangular and as the collapsed end of the tube is folded up to the next position, the pin is moved from one duct at one side of the clip to the other side of the clip.