What is Lady Theatre?
1.
A woman's Vagina.
Quoted in American Dad...
*Stan wakes up to find Francine is having sex with him...*
Stan: RAPE! Succubus! ..What are you doing?
Francine: I'm being spontaneous
Stan: but look at the calendar, this isn't one of our 'safe' days, which means theres something else going on in your Lady Theatre and I DO NOT perform with another act.
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When a female who realizes that the story she is telling is not so interesting saves it by ending the story with, "and then I took ..