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When someone was gay before but isn’t anymore.
I ungayed her/him.
In movies, it means that in difference to the rated version, this version of the movie was not screened by the MPAA, or similar.

Usually, sexual or violent scenes are cut out in the rated version.
Gee, I love this unrated version of this movie, you can actually see the flesh on that girl!
unrated by zacon December 11, 2005
on the front of movies like American pie and movies about college or high school boys trying to lose their virginity or anything like that. Is a code for "there will be a lot of boobs in this movie but no one will think you're a perv if you buy this so it's ok"
Get it UNRATED on DVD! With everything we COULDN'T show in theaters
unrated by JiveTurkeyXcorre February 7, 2010
to have sexual intercourse with anyone possessing the last name "Ungar" (spelled only this way)
"He ungared me so hard last night"

Ungared by AmUngar October 20, 2008
Have you talked to Randi?! I heard she got ungaged!
ungaged by Athena79 October 22, 2009

Unrated Lifestyle 

something that has no ratings
mi got an unrated lifestyle
Unrated Lifestyle by Mr Dvon July 11, 2017