Literrally means "out here" not to be confused with "outcha" which means "out of you"... or "from you" Also can be used to define an action such as "leaving" or "going away"
In Austin Powers 3, Foxxy uses a 'cat' as a distraction to talk to Austin in Studio 69.
Foxxy says, "First things first, (slap)"
Austin: "Ohhh!!! OUCHCABIBBLE!!"
Foxxy: "Eight years and no phone calls! Nobody stands up Foxxy Cleapatra Where have you been??!!"