You and I have time to get soaked (3)
I believe the answer is:
Here is my best explanation:
'soaked' is the definition.
('wet' can be similar in meaning to 'soaked')
'you and i have time' is the subsidiary indication.
'you and i' becomes 'we'.
'have' says to put letters next to each other.
'time' becomes 't'.
'to get' is the link.
(Other definitions for wet that I've seen before include "Saturated with liquid", "Rainy; feeble person", "Moisture; feeble (colloq.)", "(Of weather) rainy", "Damp", "Moistened", "Soaked with water", "Moist or Soaked", "Rainy (weather)" and "Watery".)