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1.
A Puke Party is commenced when one person begins to puke from over-drinking and the other members follow suit from the repugnant smell and appearance of the original participant.

This usually begins when one person decides to pour his own puke in the King's Cup, and the unlucky winner (or loser) has to drink from it.
Hey bro, I popped a perma-boner during your Puke Party last night *high five*
by K-Ages December 20, 2009