What is the meaning of the planned "private protected" C# access modifier?

Here are all access modifiers in Venn diagrams, from more limiting to more promiscuous:

private:
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private protected: - added in C# 7.2
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internal:
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protected:
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protected internal:
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public:
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According to "Professional C# 2008" by De Bill Evjen and Jay Glynn, page 1699:

private protected - "only derived types within the current assembly"

C++/CLI has a similar feature - Define and Consume Classes and Structs (C++/CLI) > Member visibility:

private protected -or- protected private - Member is protected inside the assembly but private outside the assembly.