When a group of people is sharing stories at their weekly get together and Nicole has a story in her pocket that will trump all others. That person is about to put the icing on the cake of all stories and Cool Whip It!
When a Saturday night group of causally drunk people all tell their life stories and you encourage the last person (nicole) to give the icing on the cake story and cool whip it.
Dating back to the pre historic era national whip it out day is a day when men are permitted by the rules of nature to whip it out although men must control their most valuable cargo this holiday dose not apply to she-males or people who belive there is more than 2 genders and is also exclusive to men of all ages