To "throw up" multiple times on New Year's Eve, typically caused from excessive drinking after the realization that it was yet another sucky year of life.
This happens many times when people see their significant other kissing someone else on the "stroke of 12" during the Midnight hour.
If it wasn't for Bobby having the New Year's Heaves, we could have seen Dick Clark celebrate his 243rd straight New Year's broadcast.
To break up with someone after consciously exploiting their weakness of being in love, in order to reap the benefits (either materialistic or psychological) of saidrelationship. Often results in devastation on the affected party.
Allison drew Bill in, got some pretty baubles, and then totally havishamed his ass.