Welcome aboard!
I believe the seal is there to prevent grease from the gimbal bearing from migrating into the bilge however these days most gimbal bearing are the lubed for life’s sealed units. Me I would install a new seal just because. The transom rebuild kits also don’t include the trim limit and position senders but they typically need replacement.
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1997 Silverton 362, 7.4 Crusaders
1997 2400 SCR, 5.7 Vortec / Bravo 2
Mike
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