I guess in theory no it doesn't but I would be concerned that if stuff can get out then the opposite is stuff can get in. grit or grime getting in potentially could affect everything.
I assuming it leaking from the counter shaft seal ? if it is recommend fixing as its only about $30 and 20 minute job why would you leave it?? Just my opinion, you could also just keep topping up with oil now and again I guess.
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