A system for treating tissue, comprising: a clip assembly including a pair of clip arms, a proximal end of the clip arms connected to a yoke that is slidably received within a channel of a capsule so that the clip arms are movable between a tissue receiving configuration, in which distal ends of the clip arms are separated from one another, and a tissue clipping configuration, in which the distal ends of the clip arms are moved toward one another; and an applicator releasably coupleable to the clip assembly to move the clip assembly between the tissue receiving configuration and the tissue clipping configuration, the applicator including a bushing, a flexible member extending proximally therefrom, and a control member extending through the bushing and the flexible member, the bushing including a plurality of deflectable fingers, distal ends of the fingers being movable radially away from a central axis of the bushing, each of the plurality of fingers including an engaging feature at a distal end thereof to engage a corresponding engaging feature of the capsule of the clip assembly, characterized in that the bushing is assembled with a pusher element configured to push the fingers to a radially outward position, the pusher element including a U-shaped portion curving into a channel of the bushing and a longitudinal portion extending distally therefrom, an enlarged distal end of the control member being releasably coupleable to the yoke, a cam washer being slidable over a length of the control member and positioned distally of the U-shaped portion, such that when the cam washer interfaces with the U-shaped portion, the longitudinal portion is moved radially outward, away from the central axis of the bushing, thereby correspondingly pushing one of the plurality of fingers with which it is assembled away from the central axis of the bushing to decouple the capsule from the bushing. a clip assembly including a pair of clip arms, a proximal end of the clip arms connected to a yoke that is slidably received within a channel of a capsule so that the clip arms are movable between a tissue receiving configuration, in which distal ends of the clip arms are separated from one another, and a tissue clipping configuration, in which the distal ends of the clip arms are moved toward one another; and an applicator releasably coupleable to the clip assembly to move the clip assembly between the tissue receiving configuration and the tissue clipping configuration, the applicator including a bushing, a flexible member extending proximally therefrom, and a control member extending through the bushing and the flexible member, the bushing including a plurality of deflectable fingers, distal ends of the fingers being movable radially away from a central axis of the bushing, each of the plurality of fingers including an engaging feature at a distal end thereof to engage a corresponding engaging feature of the capsule of the clip assembly, characterized in that the bushing is assembled with a pusher element configured to push the fingers to a radially outward position, the pusher element including a U-shaped portion curving into a channel of the bushing and a longitudinal portion extending distally therefrom, an enlarged distal end of the control member being releasably coupleable to the yoke, a cam washer being slidable over a length of the control member and positioned distally of the U-shaped portion, such that when the cam washer interfaces with the U-shaped portion, the longitudinal portion is moved radially outward, away from the central axis of the bushing, thereby correspondingly pushing one of the plurality of fingers with which it is assembled away from the central axis of the bushing to decouple the capsule from the bushing.