A tool setting arrangement includes a mandrel, and a tool positionable at the mandrel. The tool includes, a cone, and at least one slip in operable communication with the cone configured to radially expand to set the tool when the slip is moved relative to the cone with at least a setting load. The at least one slip has a portion configured to engage with a feature of the mandrel such that movement of the mandrel relative to the cone causes the at least one slip to move relative to the cone, at least one of the portion and the feature is configured to release at a release load to disengage the mandrel from the tool. The release load is selected to be greater than the setting load.