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Intermediate between finite-product theories (Lawvere theories, algebraic theories) and finite-limit theories (essentially algebraic theories) are equational Horn theories. (Partial Horn theories, though, are equivalent to finite-limit theories.) Whereas algebraic theories have axioms of the form equational Horn theories have axioms of the form so conditional equations or quasi-identities replace the unconditional equations. The class of models of a Horn theory form a quasi-variety, while the models of an algebraic theory form a variety.
I can't seem to find an answer to this in the usual places (like the Elephant or nLab). What property characterizes the Horn theories, in the same way having finite products characterizes (many-sorted) algebraic theories? It must be something intermediate in strength between having finite products and having finite limits.
this paper: https://coalg.org/calco15/ei/hino.pdf gives a few characterizations in table 1
That paper seems to say what the category of models is like (i.e. that the models of a Horn theory must be what is sometimes called an "algebraic category"), but not what the "classifying model" is like
What you want is probably Theorem 25 and 27 in Section 3.3 of Wechler's Universal Algebra for Computer Scientists. They give the following corollary (this section has three variants of what kind of implications they allow, infinitely many variables, finitely many variables, and finitely many premises, Horn clauses being those with finitely many premises):
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Wait, I gave the same answer as Ryan...
See also Frey's work on clans as a way of characterising intermediate theories between finite product and finite limit