In response to an action or statement; a state of unparalleled excellence in which achieving a boner is not only fitting, but a moral imperative.
"Hey man, all of our classes were canceled, Mallory called and said she was totally free, and I just picked up a case of Keystone!"
"Boner Time!"
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Any ammount of time spent watching pornography, looking at beautiful women, or simply fantasizing. Popularized by Sean W. Scott in the movie Road Trip
"Barry, dim the lights... it's BONER TIME!!"
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Positive reaction to an attractive woman.
"Did you see Caitlin in her backless dress?"
"Yeah, serious boner time."
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1) a phrase you shout once your penis becomes erect.
2) a phrase you shout when you are about to beat someone so bad in a videogame that it makes you sexually aroused.
mike: "It's Boner Time!"
Bob: "you have a boner right now, dont you?"
Mike: "yep"
John: "oh man! This match is full of noobs waiting to get pwned! It's Boner Time, bitches!"