A) Man 1: Dude, you going to that banging house partay tonight!?
Man 2: Yarr freshman, it's gonna be a delicious time!
Man 1: Delicious as a fresh, ripe peach!
B) Jack: what are you two doing tonight?
Sam and Ny: Oh, we don't know yet..
Jack: Oh, well have a delicious time anyway!
Sam: Sure will freshman!
(n) The time which those gathered in a colloquium of good-time-having mandate to be the moment that those present should, in the spirit of raucous festivity, quaff mightily of the fermented ambrosia contained within their various fermented ambrosia vehicles.
Right now. (That is to say it is presently, at the time of reading, Drinking Time.)
The struggle to reach the top of the hill before your beverage freezes; ultimately, a metaphor for the human condition.
Eddie got thrown in the ditch by saxophone player from Regina, therefore his beverage had time to pass that quick stage between "slushy" and "frozen". That's olde time sledding for you!