I don't think you should use \colon
in this case, which is for maps like in f\colon A\rightarrow B
. In the set-builder notation, the colon is a relation symbol.
You should also use better names, such as \fM
for \mathfrak{M}
and \cL
for \mathcal{L}
, which makes for simpler input and avoids mistakes such as \mathfrak{M_i}
, that should be \mathfrak{M}_i
.
I also used upright parentheses (I don't really like their slantedness in Computer Modern).
Finally, I replaced the ugly realization of \models
with \vDash
.
\documentclass[11pt,twoside]{article}%
\usepackage{geometry}
\usepackage{amssymb}
\usepackage{amsmath}
\geometry{margin=1in,top=1.25in,bottom=1.25in}
\newtheorem{theorem}{Theorem}[section]
\newtheorem{corollary}[theorem]{Corollary}
\newcommand{\fM}{\mathfrak{M}}
\newcommand{\cL}{\mathcal{L}}
\newcommand{\wt}{\widetilde}
\renewcommand{\models}{\vDash}
\begin{document}
\begin{corollary}\label{16}
Suppose in a sequence of structures
$\{(\fM_{n},\phi_n): \fM_{n} \models \phi_{n}\land n<\omega\}$
of a $\aleph_{0}$-categorical theory $T$, there are
finitely many homogeneous subsequences of structures
$\{(\fM_{n_i}, \phi_{n_i}) : \fM_{n_i} \models\phi_{n_i}\land n_i<\omega\}$.
Then there is a unique formula $\wt{\phi_i}$ in $\cL$
\textup{(}up to equivalence\textup{)} and a unique countable atomic structure
$\wt{\fM_i}$ \textup{(}up to isomorphism\textup{)} for each
$\{(\fM_{n_i},\phi_{n_i})\}$ such that
$\wt{\fM_i}\models\wt{\phi_i}$.
In addition, there is a $N_i\in\omega$ such that
$\wt{\phi_i}\,= \bigwedge_{N_i<n_i<\omega}\phi_{n_i}$
which is the complete formula of $\wt{\fM_i}$.
\end{corollary}
\end{document}
The \underset
in the last big formula is wrong. You might use
\bigwedge\limits_{N_i<n_i<\omega}\phi_{n_i}
for the particular case where the construct is in the last line of the corollary, but inline it's much better to set the limits on the side.

If you really want to use \colon
spacing, define your own symbol that allows a line break
\documentclass[11pt,twoside]{article}%
\usepackage{geometry}
\usepackage{amssymb}
\usepackage{amsmath}
\geometry{margin=1in,top=1.25in,bottom=1.25in}
\newtheorem{theorem}{Theorem}[section]
\newtheorem{corollary}[theorem]{Corollary}
\newcommand{\fM}{\mathfrak{M}}
\newcommand{\cL}{\mathcal{L}}
\newcommand{\wt}{\widetilde}
\renewcommand{\models}{\vDash}
\newcommand{\suchthat}{\colon\allowbreak}
\begin{document}
\begin{corollary}\label{16}
Suppose in a sequence of structures
$\{(\fM_{n},\phi_n)\suchthat \fM_{n} \models \phi_{n}\land n<\omega\}$
of a $\aleph_{0}$-categorical theory $T$, there are
finitely many homogeneous subsequences of structures
$\{(\fM_{n_i}, \phi_{n_i}) \suchthat \fM_{n_i} \models\phi_{n_i}\land n_i<\omega\}$.
Then there is a unique formula $\wt{\phi_i}$ in $\cL$
\textup{(}up to equivalence\textup{)} and a unique countable atomic structure
$\wt{\fM_i}$ \textup{(}up to isomorphism\textup{)} for each
$\{(\fM_{n_i},\phi_{n_i})\}$ such that
$\wt{\fM_i}\models\wt{\phi_i}$.
In addition, there is a $N_i\in\omega$ such that
$\wt{\phi_i}\,= \bigwedge_{N_i<n_i<\omega}\phi_{n_i}$
which is the complete formula of $\wt{\fM_i}$.
\end{corollary}
\end{document}

\[ ... \]
, including the period at the end.