Krabby Patty Time is when you and your friends are completly high off of marijuana, and you eat everything in your friends house.
Melissa: i got the munchies dude
Rachel: must be Krabby Patty Time
Throwing a Tea Party is when you gather a group of your closest friends and hot box the shit out of a camper. You can either use a bong or a pipe, for a complete tea Party experience.
Melissa: hey, you wana throw a Tea Party later?
Rachel: hellz yeahhh shits about to get real.