A party in which a predetermined lady with an absurdly low body temperature needs to be warmed. It is the goal, and obligation, of each and every party member to warm said lady in any way possible (i.e flame torch, boiler, or snuggie). Those who warm the lady most effectively as determined by said lady win a prize determined by the party host.
"Dude that cold-lady party was effin awesome."
"I know! Chad warmed her up in, like, 3.5 minutes!"