Google Adwords has announced the updated terms and conditions - 27th Feb 2013.

Google Adwords has announced to all the Adwords customers in the North and the Latin America that the Google Adwords updated the terms and except Mexico, Brazil and Argentina.

It has listed all countries and territories which are affected with these policies below.

http://support.google.com/adwords/bin/answer.py?hl=en&answer=2705924

It is mandatory to all the advertisers who fall into this category should accept new terms and conditions of the Google Adwords, if they fail to accept the policies within 45 days, ad serving would be paused thereafter. To resume the ad serving the advertisers should review & accept the new terms and conditions.