Adjustable Holding Device and Associated Adjustable Connection Mechanism

An adjustable connection mechanism for use with an elongate cord, the connection mechanism comprising:

• a) a channel for receiving a section of the elongate cord;
• b) a cam system disposed within the channel and shiftable between an engaged position and a disengaged position, wherein the cam system is configured to grippingly engage the section of the elongate cord when in the engaged position, and wherein the elongate cord is moveable along a length thereof through the channel when the cam system is in the disengaged position;
• c) a connection device configured for operatively connecting the connection mechanism to a desired connection point;
• and
• d) an actuation mechanism operatively coupled to the cam system and configured for shifting the cam system between the disengaged position and the engaged position when the connection mechanism is operatively connected to the desired connection point.