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peanut butter jelly time 

A Orginaly song by Buckwheat Boyz.
Then the Song was remixed. And also used for that bannanna flash video, which in turn make everyone laugh on the net.

Baseball bat is a guys dick
Peanut butter is in the ass (shit)
Jelly time - KY jelly time
Doing a girl in the ass with KY jelly and a big shlong (dick).

"hey girl, u a freak, Imma bout 2 do it peanutbutter and jelly time with a baseball bat"

"As I was pounding this girl from doggie style... The all of a sudden I said IT'S PEANUT BUTTER JELLY TIME. And jammed my dick in her ASS!"

peanut butter jelly time 

A moment when you have the urge to dance to the song "Peanut Butter Jelly Time."

peanut butter jelly time 

Sex between 2 Latinos. peanut butter referring to the color of his penis and jelly to how wet the Latina female gets. Obviosly the baseball bat is his penis.

peanut butter jelly time 

having sex and adding peanut butter to the penis and jelly to the vagina and having a "good time"
Dude i love the song peanut butter jelly time cause it reminds me of last night.

peanut butter jelly time 

A point in time at which an individual is so poor, the only food that s/he can afford to eat is peanut butter and jelly sandwiches.
Kim: Hey, girl, you wanna go to Chili's for lunch today?
Jessica: No, I can't. It's peanut butter jelly time.
Kim: Damn. Maybe next week when you get paid?
Jessica: Yeah. That'll work.

peanut butter jelly time 

Timmy and Joe had some peanut butter jelly time after school
peanut butter jelly time by Anonymous September 13, 2004