Minor update: It might be possible to brace the captive nut enough to loosen the bolt, but unless you have an eclectic selection of implements with which to do so, accompanied by the patience of the Buddha , forget it.

Drilling-out is the only viable course of action. The replacement clips are under $5 each at the dealer. I ordered some extra for my tackle box....

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Mac
2002 e320 4matic estate│1985 300d│1980 300td
Previous: 1979 & 1982 & 1983 300sd │ 1982 240d

“Let's take a drive into the middle of nowhere with a packet of Marlboro lights and talk about our lives.” ― Joseph Heller, Catch-22