In fact, Noelle, it certainly could be in British English, in American English I think one would say something like ""Time waits for no one, that's why I can´t get waiting for you, I just can´t wait forever!"

So, even when "wait on you" is used in the sense of "for you" it isn´t to mean long long waiting. My opinion here, anyway I would pick the examples and insights Thomas has given.