When someone does something inappropriate or too extreme for that exact time or place.
person 1:"My fly is undone"...
person 2:"it's not that kind of party!"
Used as a response to point out an unintentional double-entendre in which the original speaker could be taken as intending to perform some act that would be more appropriate for a sex, kink, or other "special" party.
Person A: I'm going down to get a drink of lemonade, do you want some?
Person B: Dude, it's not that kind of party!
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Used to tell someone you're not going to do something.
Person A: "Hey, I'm going out to eat. Wanna come?"
Person B: "Sure, why not?"
Person A: "Alright."
Person B: "Um, could you buy my food?"
Person A: "...it ain't that kind of party."
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