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Yippee ki-yay, motherfucker! 

Catchphrase used by Bruce Willis In all of the Die Hard films.It only has context In the first movie but he says It In all of them.

The reason the phrase has context In the first one Is as follows:

Main terrorist Hans:Mr. Mystery Guest are you still there?

John Mcclane:Yeah I'm still here

Hans:Who are you exactly?Someone who watched too many action movies as a child and thinks he's John Wayne,Rambo,Lewis Stevens?

Mcclane:Actually I was kind of partial to Roy Rogers myself.Always liked those sequin shirts.

Hans:Do you really think you can stop us Mr.Cowboy?

Mcclane:Well,Yippie-Ki-Yay MotherFucker!
Do you really think you can stop us Mr.Cowboy?
Well,Yippee ki-yay, motherfucker!

yippee kay yay Mr. Falcon 

from the movie, Die Hard 2

this phrase replaced the more vulgar phrase "yippee kay yay motherfucker" in the censored version of the film intended for television airplay.

The statement was made by Bruce Willis as he threw his lit Zippo lighter into the stream of fuel in order to bring down the escaping plane full of evildoers.
yippee kay yay Mr. Falcon!

Yippee ki-ay, motherfucker! 

see Bruce Willis, to be used when confronted with terrorists in either a plane, or hostage office building situation...
when having just blown some terrorist fecker up, in a moment of 'cool' boastfullness that follows, and said to noone in paticular since your combatting the terrorist world alone...
"Yippee ki-ay, motherfucker!"

Yippee ki-yay

Basically, "Yippee ki-yay" is an old, American cowboy expression, like: ”yippee”, or “yeehaw (heehaw)”, or “Whoopee”; expressions of extreme joy or excitement, commonly associated with cowboys. As an interjection, “yahoo”, plays a similar role.
PS.: Many people mention the expression “Yippee ki-yay” in the movie “Die Hard” as the origin of the work, but it is important to know that this word is much order. Like I said: from the “cowboys-days”.
Here is one example of use: I’ve been meaning to meet someone for, like, a month. Today, she finally was available. My reply? “Yippee ki-yay”, woman! Pick you up at eight.”
a yelp of joy
Oh awesome! Nik wants to skype with me! Yipee!
yipee by Ivaaa June 24, 2010
an exclamation similar in meaning to yahoo
Yippee! I won the lottery!
yippee by Aaron W. December 11, 2002