feat: add a new ValueOrUndefined common type

[arjunlalb]

Description

Adding a new generic type.

[codecov[bot]]

Codecov Report

All modified and coverable lines are covered by tests :white_check_mark:

Comparison is base (5386d3b) 82.99% compared to head (0796f01) 82.20%. Report is 3 commits behind head on main.

Additional details and impacted files

```diff @@ Coverage Diff @@ ## main #2551 +/- ## ========================================== - Coverage 82.99% 82.20% -0.79% ========================================== Files 925 927 +2 Lines 20628 20860 +232 Branches 3253 3310 +57 ========================================== + Hits 17120 17149 +29 - Misses 3388 3574 +186 - Partials 120 137 +17 ```

:umbrella: View full report in Codecov by Sentry.
:loudspeaker: Have feedback on the report? Share it here.

[github-actions[bot]]

Test Results

       4 files  ±0     316 suites  ±0   31m 57s :stopwatch: +14s 1 135 tests ±0  1 135 :heavy_check_mark: ±0  0 :zzz: ±0  0 :x: ±0  1 145 runs  ±0  1 145 :heavy_check_mark: ±0  0 :zzz: ±0  0 :x: ±0 

Results for commit 0796f014. ± Comparison against base commit d3ddf2a5.