import arcpy,os

fc_to_clip=r'C:TEST.gdbpolygons123'
clipfeatures=r'C:TEST.gdbclip_features'
out_location=r'C:TEST.gdb'

with arcpy.da.SearchCursor(clipfeatures,['OBJECTID','SHAPE@']) as cursor:
    for row in cursor:
        print row[0]
        arcpy.Clip_analysis(in_features=fc_to_clip, clip_features=row[1],out_feature_class=os.path.join(out_location,'Clip_'+str(row[0])))