Does inputrc syntax permit nested conditional blocks?

As inputrc only has "if", "else" and "endif" and does not have an "else if" conditional statment, are nested conditionals permitted, viz a second "if" within an "else" block? For example

$if term=lxterm
 ...
$else
$if term=rxvt
...
$else
$if term=xterm
...
$endif
$endif
$endif