Leatherman Wave Belt Holster

My wave belt pouch just wasn't what I wanted. Velcro is nice and all but I was remembering this Russian Makarov efa-2 holster I saw some years ago. Personally I would never use a slide through design like that for a handgun but it sparked an idea for a tool holster. Failures are not posted here because I never photographed them however I settled on a less elaborate design.
This may not work for all materials but it feels dreamlike in nylon. The inner springs soften up over time as they absorb atmospheric moisture however the whole design expands to compensate a bit and grips harder. A revised design will rotate the belt clip 90 or even top down as I am very confident that the tool will not slip out on its own.